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Home»Mining»Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Mining

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining

February 19, 2025No Comments1 Min Read
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Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […]

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See also  8 African Nations Advance Crypto Regulation as Adoption Accelerates Across Emerging Markets
company Crypto Due Illegal Loss Million mining Power Reports Russian
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