- Power needs of cryptocurrency miners in Russia have grown significantly since 2017.
- The prospects for the development of the crypto market in the Russian Federation look quite serious and require the legalization of activities like mining, Novie Izvestia noted in an article.
- The share of these miners in the total volume of consumption has been growing by an average of 5% to 7% each year, the study has found.
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
