Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
A large grey mining farm has been shut down in the Irkutsk region

A large grey mining farm has been shut down in the Irkutsk region

HappyCoinNewsHappyCoinNews2025/03/04 18:00
By:HappyCoinNews

In the press service of the Irkutsk Region Prosecutor's Office сообщили that the police, together with employees of a network company, stopped the activities of a large cryptocurrency mining farm.

According to the information provided, the mining farm was located in a non-residential building on Stroiteley Montazhnikov Avenue. The farm owner (an individual) mined cryptocurrency without being included in the register of miners and during the period of the ban on mining in the region. As a result of the police actions, 250 units of equipment were seized, and energy consumption, estimated at 1 MW, was limited.

The Shelekhov district of the Irkutsk region is among the territories where mining is prohibited from January 1 to March 15, 2025, in accordance with a government decree.

The authorities believe that such prohibitive measures are aimed at reducing the load on the power grid and preventing interruptions in the power supply to the population. The police have now organized an investigation under Article 165 of the Criminal Code of the Russian Federation ("Causing property damage by deception or abuse of trust").

Let us recall that the provisions of the law "On digital financial assets" came into force in Russia on November 1, 2024. All legal entities and individual entrepreneurs mining cryptocurrency must register in a special register of the Federal Tax Service.

Individuals do not need to do this, provided that they are engaged in mining, using electricity no more than 6 thousand kWh per month.

EN @happycoinnews
EN @happycoinnews_en
0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SLPUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/23 11:57

Notice: Maintenance for VND deposit service

Bitget Announcement2025/07/21 12:30