Putin Warns Against Energy Deficits as Russia’s Bitcoin Mining Industry Booms

  • Sergey Maga
  • 6 September, 2024 20:43
Putin Warns Against Energy Deficits as Russia’s Bitcoin Mining Industry Booms

Vladimir Putin has warned that the rapid growth of Russia’s Bitcoin mining industry, particularly in Siberia, could potentially lead to an energy deficit in other sectors. While the country benefits from its abundant excess energy resources, Putin emphasized the need for balanced energy consumption. He stressed that energy dedicated to mining must not hinder regional development or disrupt local industries.

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