Latest News and Articles about Illegal Crypto Mining

Russia Loses $122M to Illegal Crypto Mining as Regulation Falters

9 October 2025 Daily Feed Bitcoin, Illegal Crypto Mining, Russia, Tax Losses

Russia Loses $122M to Illegal Crypto Mining: Regulation Struggles Persist Russia’s vast landscapes, cheap power, and bone-chilling winters have turned it into a crypto mining paradise—but the nation is paying a hefty price for its inability to rein in the chaos. The country is bleeding over $122 million (10 billion rubles) annually in uncollected taxes […]

Illegal Crypto Mining Surges in Siberia Despite Russian Ban

24 February 2025 Daily Feed Illegal Crypto Mining, Irkutsk, Russian Ban, Siberia

Illegal Crypto Mining in Siberia: A Growing Challenge Despite Russian Ban In the heart of Siberia, where temperatures plummet below -40°C, an unlikely industry is booming: illegal crypto mining. Despite a winter ban implemented by the Russian government to ease the strain on local power grids, miners continue to exploit the region’s cold climate and […]