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Russia to limit mining in energy-strapped regions until 2031

  • Russia has introduced a regional ban on Bitcoin mining, set to begin on Jan. 1, 2025, and remain in effect until March 15, 2031.
  • The ban will only apply during peak energy consumption periods in ten regions of Russia.
  • The restriction also extends to parts of the Irkutsk region, Buryatia, and the Zabaikalsky Krai.
  • The ban aims to address energy infrastructure challenges and curb power imbalances while efficiently allocating electricity resources.

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