Wednesday, 1 January 2025

Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources

by BD Banks

Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners will increasingly employ renewable energy sources. Russia’s Cryptocurrency Mining Energy Expenditure Nears 1% of the Nation’s Total The growth in Russia’s cryptocurrency mining industry energy […]
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