{"id":84734,"date":"2023-09-20T09:46:15","date_gmt":"2023-09-20T06:46:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84734"},"modified":"2025-09-12T19:08:42","modified_gmt":"2025-09-12T16:08:42","slug":"media-outlets-report-plans-to-significantly-raise-electricity-transmission-tariffs-for-crypto-mining-farms-in-russia","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-outlets-report-plans-to-significantly-raise-electricity-transmission-tariffs-for-crypto-mining-farms-in-russia\/","title":{"rendered":"Media outlets report plans to significantly raise electricity transmission tariffs for crypto-mining farms in Russia"},"content":{"rendered":"<p>The Ministry of Energy proposes to raise electricity transmission tariffs for industrial crypto-mining farms by two to five times. The information was reported by <a href=\"https:\/\/www.kommersant.ru\/doc\/6224415\">\u00ab\u041a\u043e\u043c\u043c\u0435\u0440\u0441\u0430\u043d\u0442\u00bb<\/a>, citing sources.<\/p>\n<p>According to them, the tariff hike will primarily affect energy-deficit regions, including Buryatia, Zabaykalsky Krai and Irkutsk Oblast. There is a significant share of mining data centres located there, which is already contributing to a generation shortfall.<\/p>\n<p>The ministry&#8217;s aim is to push miners to move to regions with surplus capacity.<\/p>\n<p>However, farm operators argue that the initiative discriminates against legitimate electricity consumers and will drive the industry to shut down due to losses.<\/p>\n<p>The Ministry of Energy previously calculated that electricity consumption by cryptocurrency miners in Russia in 2023 <a href=\"https:\/\/u1f987.com\/en\/news\/russian-ministry-of-energy-estimates-miners-electricity-consumption\">reached 1.5 GW<\/a>.<\/p>\n<p>As reported, the industry-regulating bill has been registered in the State Duma <a href=\"https:\/\/u1f987.com\/en\/news\/in-russia-lawmakers-propose-banning-cryptocurrency-circulation-and-requiring-tax-reporting-by-miners\">since mid-November 2022<\/a>. It obliges individuals and legal entities to report mined cryptocurrencies to the tax authorities, indicating the address to which they are credited. Its adoption is expected in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Energy proposes to raise electricity transmission tariffs for industrial crypto mining farms by two to five times.<\/p>\n","protected":false},"author":1,"featured_media":84735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,504,27],"class_list":["post-84734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-energy","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=84734"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84734\/revisions"}],"predecessor-version":[{"id":84736,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84734\/revisions\/84736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84735"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}