☠️ Rusia 🇷🇺: Authorities in Novosibirsk Crack Down on Domestic Miners

Morgan Ellis

☠️ Rusia 🇷🇺: Authorities in Novosibirsk Crack Down on Domestic Miners

The same is happening in Irkutsk and Buryatia, according to local sources.

➡️ In the Novosibirsk region, a miner has been detained, and a criminal case has been initiated against him. Police discovered he was using local subsidized electricity networks (a key detail) and had gained 12 million rubles.

➡️ Although authorities have not specified which cryptocurrency he was mining, local forum users suggest it was Ethereum (ETH).

➡️ Under the new mining law, regions can now require miners in urban areas to disconnect their setups starting November 1st.

➡️ Meanwhile, in Moscow, lawmakers are working on plans to tax industrial miners. Industry representatives argue that this could generate hundreds of millions of USD annually for Russia's treasury.

#news #Russia #crypto

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