PANews reports on May 23 that according to TASS, Russian Deputy Minister of Energy Yevgeny Grabchak stated that they are considering relocating cryptocurrency miners to energy-surplus regions in the North and introducing a grid pricing mechanism. The aim is to utilize the remaining electrical infrastructure resources after oil extraction, prevent waste, and reduce the burden on local power grids. Since 2025, the Russian government has implemented mining bans in multiple regions, with Grabchak emphasizing that the Northern, parts of the Northwest, and Volga regions still have development potential.
Russia's Energy Ministry recommends miners move to northern regions and implement new electricity price mechanism
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