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Crypto Mining Restrictions in Russia: What’s Really Happening and Who’s Affected

When you hear crypto mining restrictions Russia, refers to the growing regulatory pressure on cryptocurrency mining operations within Russia, including energy usage limits, licensing demands, and outright regional bans. Also known as Russia cryptocurrency mining rules, these measures aren’t a total ban—but they’re making mining harder, costlier, and less predictable than ever. Unlike China’s 2021 crackdown or Kazakhstan’s 2025 energy-driven shutdowns, Russia’s approach is messy: some regions ban mining outright, others tax it heavily, and the federal government keeps shifting its stance. This isn’t about stopping crypto—it’s about controlling who uses electricity and who gets paid for it.

The core issue is energy policy Russia, the government’s effort to redirect power away from energy-intensive crypto operations and toward domestic industry and households. Also known as Russian electricity allocation, this policy hit hard in 2023 and 2024, especially in Siberia and the Far East, where miners once thrived on cheap hydro and coal power. The state started requiring mining rigs to register, pay higher utility rates, and prove they weren’t siphoning grid power illegally. Many small miners just shut down. Others moved underground—running rigs in warehouses, basements, or even abandoned factories, often without permits. Meanwhile, Bitcoin mining Russia, once a major global player, now operates in a fragmented, shadow economy. Also known as Russian crypto mining underground, it’s no longer about big data centers—it’s about individuals with a few ASICs, using off-grid generators or black-market power deals to stay alive. The government doesn’t want to ban Bitcoin outright—Russia still holds billions in crypto assets—but it refuses to let miners drain the grid while families face winter heating shortages.

What’s left? A mix of legal miners in regulated zones like Kalmykia, rogue operators hiding in plain sight, and a growing number of Russians who switched to crypto trading instead. You’ll find posts here that break down how mining rules changed in specific regions, what penalties miners face today, and how some companies are still operating legally by partnering with state-owned energy firms. You’ll also see how Russian miners compared to those in Kazakhstan and China—where similar pressures led to mass exits. This isn’t just about hardware or electricity bills. It’s about survival in a country where the rules change faster than the blockchain does. Below, you’ll find real stories, data, and breakdowns of what’s actually happening on the ground—not rumors, not headlines, but what miners, regulators, and users are doing right now.

Crypto Taxation in Russia: What You Need to Know in 2025
  • Cryptocurrency

Crypto Taxation in Russia: What You Need to Know in 2025

Nov, 6 2025
Cassian Alderwick

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