Russian Energy Ministry: Siberian Crypto Mining Ban Is Easing Pressure on Grids

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The Russian Energy Ministry has claimed that a recent ban on crypto mining in many parts of Siberia is helping to ease pressure on the region’s electricity grids, despite recent reports to the contrary . Per the Russian state-run news agency TASS , the ministry claimed the consumption on the Siberian power grid was down by “more than 300 MW” as a result of the ban orders. Russian Energy Ministry: Regular Crypto Mining Meetings Planned The ministry made the claims at a “digital currency mining re...