Khakassia May Impose Total Mining Ban: Government Commission to Decide

In the Republic of Khakassia, debates on cryptocurrency mining continue. A special government commission is currently weighing the possibility of a complete ban to reduce strain on local power grids. Previous curbs were introduced, yet the issue remains unresolved.

Energy data indicates that peak consumption in the area occasionally surpasses 80% of capacity, partly due to mining. Officials aim to avert outages and claim illegal, unregistered farms cause multi-million-ruble losses. Experts note that the commission’s decision will set a precedent for all of Siberia, where low-cost electricity draws many miners.

Thus, a final verdict is anticipated in the coming weeks, potentially reshaping the regional crypto environment.