Ten times a height: Russian encryption mining companies are rushing to go to the legitimacy star-news.press/wp

According to senior lawmakers in Moscow, the ranks of the official registered Exaggeration of encryption Companies moved from only 91 at the beginning of 2024 to more than 1000 today.

This sharp rise comes after the approval of a law in the fall of 2024 from any person who uses more than 6000 kWh an hour of electricity per month to register with Federal Tax Service (FTS).

based on Reports From the Russian port RBC, members of Parliament say that “white” miners exceed the number of their unregistered counterparts.

The rise in registered mining companies

The new registry forces the companies participating in the number of coins they undertake and the governor in which these assets sit. It also paves the way for FTS to collect taxes on mining profits.

Russia sees a ten -fold increase in registered encryption mining companies #Russia #CryPTOMINING

– Dimsumdaily Hong Kong (Dimsumdaily_hk) July 25, 2025

Industry figures indicate that this can enlarge state treasures for $ 500 million every year. This appreciation comes from the heads of mining in Russia, who were severely pressing on clear rules instead of the explicit ban.

Download the early network of plague miners

Before registration is mandatory, many operators kept their panels under the winding. They did not want to risk fines or closing.

As a result, some cities and provinces faced sudden power outages when large -scale settings absorbed more juice than local power lines can deal with.

Alexei Nietzpho, head of the new Persons Party, told legislators on July 23 that these days are fading quickly.

Increased investments exceeding mining

Industrial miners do not stop at Asics. Nietzpho said that he poured more than $ 60 million in artificial intelligence projects this year.

Based on FTS numbers, this transformation means more technical money in Russia rather than flowing. It is a sign that serious players see encryption as part of a broader tool group, not just an independent work.

Bitcoin retail

The reports of the Industrial Mines Association, Russia now enjoys more than 150 EH/s, or closes to 17 % of bitcoin in the world RetailWhich makes it the second best mines in the world after the United States.

Local estimates Pitcoin distance in the country 2024 in the country up to 40,000 BTC – which is $ 4.8 billion at today’s prices. This folder confirms the speed of a clear legal framework that releases growth.

Legislative asset bouts in order to curb the illegal mining

Meanwhile, the highest policy maker urged the courts to deal with coins as a “unfinished property” so that they can seize the assets of illegal miners.

He argues that adding encryption to property laws would enhance the state’s hand against unregistered operations. If approved, this step can draw the network around anyone who is still trying to mining in gray areas.

Currently, Russia’s leaders seem to have settled on one thing: the organization beats. By setting who is mining as Moscow hopes to preserve its stable networks, balance the tax books, and the cultivation of the technology sector.

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