Russia has taken steps to limit cryptocurrency mining in specific regions to address potential energy shortages during the winter months. The government commission overseeing the country’s energy management announced a seasonal ban on mining activities in several Siberian regions. Reason Behind The Seasonal Bans? According to the report, the seasonal bans in multiple Siberian regions in Russia are because these areas are known for their affordable electricity due to their proximity to hydropower plants, which have made them hubs for mining operations. The seasonal strain on the energy grid, coupled…
