Putin Raises Alarm on Crypto Mining Causing Power Outages
Understanding the Impact of crypto Mining on Russia's Power Supply In a recent gathering with top officials, a significant issue was brought to the surface regarding the effects of unchecked cryptocurrency mining on Russia's power infrastructure The meticulous extraction of digital currencies, while lucrative, presents a formidable challenge that might lead to frequent and widespread electrical disruptions across entire regions Russia's energy consumption tells a tale of burgeoning demand, especially in the realm of cryptocurrency mining An astounding figure of 16 billion kilowatt-hours annually, representing nearly 1 5% of the nation's total electricity consumption, is drawn towards this digital endeavor...
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