Russia Clamps Down on Crypto Miners—Bitcoin Seized, Power Thieves Busted

Russian authorities just turned up the heat on underground crypto mining ops—confiscating Bitcoin and slapping cuffs on power thieves. No more free rides on the grid.

When the Kremlin says 'mine at your own risk,' they aren’t kidding. This crackdown exposes the brutal economics of mining: steal electricity or watch margins evaporate. Classic state vs. speculator drama—with blockchain as the battleground.

Meanwhile, Wall Street still can’t decide if Bitcoin’s a currency, commodity, or just a glorified Ponzi scheme. Some things never change.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.