Important points
- Rossetti Group is exploring crypto mining opportunities in underutilized power centers.
- The company aims to coordinate the deployment of mining infrastructure and increase revenue and tax payments.
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According to state news agency TASS, Russia's largest power grid operator Rosseti is considering cryptocurrency mining operations in underutilized power centers and would become the coordinator for the deployment of mining infrastructure across the country. It is said that they are aiming for
“Roseti Group is Russia's largest electricity company and can act as an operator to coordinate the layout of mining infrastructure,” the company told TASS.
The state-owned energy provider sees crypto mining as an opportunity to utilize excess capacity in low-load power centers, which could increase both its rate income and tax bill while contributing to economic development. There is sex.
The grid operator confirmed its technical readiness for mining operations, noting that its infrastructure is equipped with the necessary switching equipment to manage the load of mining facilities. The company also maintains operational data on available capacity and consumption patterns to ensure reliable local electricity supply.
Rossetti is currently discussing various aspects of its mine development strategy, including the possibility of introducing a separate fee structure for miners as a demand management tool.
Last August, President Vladimir Putin signed a law regulating cryptocurrency mining as part of the country's digital asset management strategy. Under the law, only registered entities and individual entrepreneurs can engage in large-scale cryptocurrency mining operations in Russia.
Due to power shortages, the Russian government has banned cryptocurrency mining in several regions from January 1, 2025 to March 15, 2031.
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