CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
cryptonews 2025-07-31 23:30:00

Illegal Miners in Russian Bitcoin Mining Hotspot Stole $4.3M of Electricity in H1 2025

Illegal miners in the Russian Bitcoin mining hotspot of Ingushetia stole some $4.3 million worth of electricity in the first half of 2025, the state-controlled power firm Rosseti claims. Per an official Rosseti North Caucasus press release , illegal miners accounted for over 94% of all the electrical power stolen in the republic in the first half of the year Illegal Miners in Russian BTC Hotspot ‘Stole 35.4M kWh’ The firm said that the total volume of unaccounted consumption in the republic in the same time period was 37.5 million kWh. This power was worth over $4.4 million, Rosseti added. The Russian republic of Ingushetia. (Source: Timur Ziev [CC BY-SA 3.0]) But almost all of this was attributable to illegal crypto miners, the power provider said. These miners stole 35.4 million kWh from the grid. The firm said the lion’s share of the power was stolen at four large “illegal mining farms.” The provider suggested it had shut down all four, adding that it had seized 450 rigs from the farms. In the first half of the year, the republic’s power firm Ingushenergo said its specialists identified 177 cases of illegal electricity use. Providers Use Drones to Hunt Illegal Miners Crypto mining is illegal during the winter months in Ingushetia until March 15, 2031. It has also been banned in neighboring North Caucasus republics. However, Bitcoin mining remains popular throughout the region, and has been blamed for a series of power outages in Ingushetia. In nearby Abkhazia, observers say entire villages now “buzz” with the sound of whirring crypto mining hardware . In February, Ingushetia power engineers warned that illegal crypto mining was leading to a “high risk of accidents and power outages.” Why did Russian mega earthquake not cause more tsunami damage? https://t.co/3bjVoCMuNH — BBC News (UK) (@BBCNews) July 30, 2025 In Dagestan, energy providers have responded by offering their staff bonuses for discovering underground crypto mining farms. Russian power providers have also rolled out new IT systems to help them hunt illegal miners. These include drones fitted with thermal imaging cameras. Bitcoin Focus Russian law stipulates that firms and individuals can mine crypto without informing the tax authorities if they use less than 6,000 kWh of power per month. However, industrial miners who do not register with the Federal Tax Service will likely face criminal punishment under new proposals. Around 90% of industrial crypto miners focus their efforts on Bitcoin (BTC) in Russia, domestic industry chiefs claim. The post Illegal Miners in Russian Bitcoin Mining Hotspot Stole $4.3M of Electricity in H1 2025 appeared first on Cryptonews .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约