In Russia, some crypto miners go underground
- Posted on September 24, 2024
- By Business News Today
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In Russia, some crypto miners go underground
Dagestan's local authorities are calling for stricter measures against cryptocurrency miners who are causing electricity outages by building underground mining installations. A recent substation fire in the capital, attributed to crypto miners, has heightened concerns. New legislation on cryptocurrency mining will come into effect from November 1, 2024.