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The Russian Deputy Prime Minister instructed a systematic analysis of the reasons for energy consumption growth, to understand which regions have increased due to cryptocurrency mining

The Russian Deputy Prime Minister instructed a systematic analysis of the reasons for energy consumption growth, to understand which regions have increased due to cryptocurrency mining

Bitget2024/12/28 20:57

According to Jinshi reports, Russian Deputy Prime Minister Novak has instructed the Russian Ministry of Energy, system operators and market committees to conduct a systematic analysis of the reasons for energy consumption growth in various regions of Russia.

"It is necessary to understand which regions are growing due to cryptocurrency mining and which regions are growing due to economic and industrial growth. In areas where electricity growth is related to mining, high-profit companies may build their own power facilities for their own needs." Novak said. He said that this analysis will affect the implementation of new energy capacity construction plans.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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