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Russian Crypto Mining Farms Defy Ban With 44% Growth Spurt

Russian Crypto Mining Farms Defy Ban With 44% Growth Spurt

Author:

Global Cryptocurrency

Published:

2025-12-23 15:04:01

14

2

BTCCSquare news:

Despite regional bans and energy shortages, cryptocurrency mining operations in Russia have expanded by 44% this year to nearly 200,000 facilities. The EnergyTool platform by telecom giant MTS reveals this underground boom through AI-powered analysis of grid anomalies.

Industrial-scale mining persists as institutional capital legitimizes the sector. Meanwhile, authorities grapple with unmetered operations siphoning power amid winter supply constraints. Bitcoin and other proof-of-work networks continue attracting risk-tolerant investors despite geopolitical headwinds.

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