Russia considers allowing mining for energy firms

Russia is discussing a proposal to allow crypto mining by energy companies. The initiative was presented at the Chamber of Commerce and Industry following 2025 results.

The proposal would allow mining alongside electricity generation, transmission, and supply. This could significantly impact the Bitcoin mining industry.

The energy sector may be allowed to engage in cryptocurrency mining

A proposal was introduced to expand participation in the mining sector. Energy companies may be allowed to engage in cryptocurrency mining.

The initiative applies to:

• power generation companies;
• electricity transmission operators;
• energy suppliers;
• dispatch management entities.

According to proponents, the goal is not to change the law’s core. Instead, it aims to broaden its scope and improve administration.

Excess power capacity became the basis for the initiative

The proposal is driven by the need to better utilize energy resources. Some regions have surplus generation capacity.

Authorities also aim to reduce illegal mining activity.

Key reasons include:

• underutilized power capacity;
• potential increase in tax revenues;
• need to formalize mining operations;
• growing demand for industrial mining.

Some experts argue that existing restrictions are ineffective. They may push miners toward independent power generation.

Energy companies’ entry may increase competition in the industry

The initiative could reshape the crypto mining market. Energy companies may gain new revenue streams.

However, opinions among experts are divided.

Potential outcomes include:

• growth of industrial-scale mining;
• improved energy utilization;
• increased market competition;
• risk of higher electricity tariffs.

Critics warn of unfair advantages. Energy firms may benefit from privileged access to infrastructure.

The industry is moving toward integration with the energy sector

The proposal reflects a shift toward integrating Bitcoin mining with the energy sector. The industry is moving toward more structured models.

However, implementation requires strict regulation.

Key conditions include:

• separate accounting of costs;
• strong regulatory oversight;
• dedicated tariff structures;
• prevention of cross-subsidization.

In the long term, the initiative could attract investment. However, risks for consumers remain a central concern.

Read also: Russia proposes criminal liability for illegal mining