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Russia bans Bitcoin mining in Moscow and nearby regions until 2032 to ease power grid strain.

Market News
02 Aug 2026
Bitcoin
View Source
Bearish
pluang ai news

The Russian government has extended its cryptocurrency mining ban to include Moscow, the Moscow region, and parts of the Kursk region from August 15, 2026, to December 31, 2032. This move targets over 65 data centers using 734 MW of power to reduce severe strain on the local electricity grid. The ban follows similar restrictions in other Russian regions like Siberia, where it successfully lowered grid load by over 300 MW. The government aims to prioritize power supply for social facilities and new enterprises while managing energy shortages effectively.

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