Kremlin Advisors have recommended the halting of home cryptocurrency mining in Russia Or a few of its regions. The This proposal intends to put a stop to fires in residential buildings. Hobbyist The community has experienced blackouts and breakdowns due to the negligence of miners.
Energy Experts Suggest Restrictions on Crypto Mining in Residential Properties
The State Council Energy CommitteeAn advisory body to the Russian President, has been invaluable in calling for the prohibition of digital currency mining in residential areas. Its Native media reported that members believe the measure will reduce fire threat.
The The suggestion is to ban all cryptocurrency production in residential blocks and dwellings within the nation, but at least in certain parts of the nation. Russia experiencing energy shortages. Among These are Moscow And the Moscow OblastThe area surrounding the Russian capital.
CryptocurrencyYou can make additional earnings by doing a related activity. RussiansUnregulated, especially in areas with access to inexpensive electric power, is the continuing trend. An invoice to accomplish this is currently under consider within the State DumaThe lower home of Russia’s parliament.
Energy Experts also recommended that the federal government should grant regional authorities authority to impose additional taxes on cryptocurrency mining. Izvestia Report citing minutes from a committee meeting held in mid-2018, revealed newspaperDecember.
Anton Tkachev, a member State Duma Committee On Information Policy, Information Technology And Communications, believes that bans on mining in residential areas or areas short of energy are logical moves, since industrial mining farms already consume huge amounts of energy.
He It was also emphasized that energy security is a critical issue, particularly for small towns with limited budgets to finance proper repair and maintenance of energy technologies and facilities. As The legislator noted that private property could be at risk from mining machines causing fires.
The Russian Ministry This is EnergyThe, which assists legislative regulation of cryptocurrency mining, has made it clear that distribution networks in residential areas are often not designed to cope with spikes in coin minting in properties. Russian Vitality corporations
Irkutsk Oblast It has become Russia’s Hotspot for home-mining, because residents enjoy some of the lowest electricity prices in the country, supported by the populace and can set up crypto farms underground or in garages. According Media reports revealed that mining hardware was found on 23 fire sites in the area during the first half of 2022.
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