Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining

Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining

Irkutsk is “probably the biggest region with illegal mining. Some (miners) use residential tariffs, close to $0.01, so the government is chasing them,” Denis Rusinovich, co-founder of CMG Cryptocurrency Mining Group and Maverick Group told CoinDesk. An investigation was started in November, he said.

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