Russia Enacts Six-Year Crypto Mining Ban in Energy-Strained Regions

The ban, targeting ten regions, aims to address energy consumption concerns and will be in effect from January 2025 to March 2031.

The Russian government has banned cryptocurrency mining in ten regions, citing high energy consumption and electricity imbalances.
The ban, effective January 1, 2025, will last until March 15, 2031, and applies to both individual and pooled mining operations.
Regions affected include Dagestan, Chechnya, North Ossetia, and several occupied territories such as Donetsk and Lugansk People’s Republics.
Temporary restrictions may also be imposed in other regions during peak energy demand, particularly in winter months.
Russia legalized crypto mining in November 2024, but this move highlights ongoing challenges in balancing energy use and regional electricity subsidies.