Russia Plans to Establish New Power Plants Amid Mining Surge

Russia Plans to Establish New Power Plants Amid Mining Surge

People are consuming more power, which might strain the system’s infrastructure.
Republic of Khakassia and the Irkutsk Oblast grids are under the most strain right now.
Nikolay Shulginov, Russia’s Minister of Energy, has acknowledged the growing demand for energy from cryptocurrency miners in certain regions of Siberia. Media agencies covering cryptocurrency said that he said that more power plants may be needed to accommodate demand.
Although Shulginov did not provide details. It is evident that the Russian authorities in these areas are thinking about expanding the energy networks utilized by mining corporations. And constructing new power plants. There are reports that the Republic of Khakassia and the Irkutsk Oblast grids are under the most strain right now.
Significant Consumption Growth
The government official highlighted that “the position of the Ministry of Energy has always been based on the need to create working conditions for mining.” He also pointed out that people

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