The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it.
Suppliers Move Against Mining With Cheap Electricity
The Russian association of energy suppliers and power utilities has prepared proposals to curb amateur crypto mining with subsidized household electricity, which has become a popular income source for many Russians. A letter listing its recommendations has been sent to Valery Seleznev, First Deputy Chairman of the Energy Committee at the State Duma, the lower house of parliament.
The members of the organization consider the minting of digital currencies with cheap energy in homes across Russia to be the biggest problem with mining, Forklog reported. They also emphasize how difficult it is to accurately assess the damages caused by the practice as it’s hard to establish
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