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

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

December 31, 2024No Comments1 Min Read
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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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