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Russia Tightens Crypto Mining Grip with New National Equipment Registry
Russia Tightens Crypto Mining Grip with New National Equipment Registry
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Moscow rolls out Big Brother tactics for Bitcoin miners.
The Kremlin's latest move puts every ASIC and GPU on the radar—with mandatory registration now required for all mining hardware. This isn't just oversight; it's a power play in Russia's love-hate relationship with decentralized finance.
Why now? With energy grids straining and ruble volatility continuing, the government wants its cut (and control) of the $37M/day crypto mining industry. Expect more paperwork than a Soviet-era bread line.
Miners face a choice: comply or go dark. Either way, the house always wins—especially when it's the state casino.
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