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Advertising Try Vera SEARCH Searching... Via themoscowtimes.com Russia bans crypto mining in Moscow and Kursk Region
until 2032 Energy concerns and wartime power shortages push Russian authorities to extend mining restrictions across key
regions, with criminal penalties for violators on the way Share Add us on Google by Editorial Team Jul. 31, 2026
Russia’s Ministry of Energy just dropped a draft decree that would ban cryptocurrency mining in Moscow, Moscow
Oblast, and parts of Kursk Oblast for more than six years. The ban would take effect July 1, 2026, and run through
December 31, 2032. The numbers behind the ban At least 65 data centers in the Moscow region currently have a cumulative
capacity of 734 MW. That number is projected to balloon to 3.6 GW, which would represent roughly 17% of the maximum load
by 2032. Moscow-area mining alone currently consumes an estimated 1 GW of electricity. Nationally, data centers in
Russia are projected to reach a total capacity of 15.3 GW within five years. Advertisement The draft decree was
published on June 26, 2026, following a review by a government electricity commission conducted in May. Officials
concluded that mining’s economic contribution does not justify its energy footprint. War, power shortages, and
regional politics Governor Alexander Khinshtein pointed to the ongoing conflict in Ukraine as a major factor in Kursk
Oblast’s growing power crisis. The ban in Kursk specifically targets eight districts along with Lgov city. This
latest restriction is part of a broader pattern that accelerated since Russia legalized mining through Law No. 221-FZ in
2024. Mining bans have already been instituted across more than 13 regions of Russia, including both long-term and
indefinite prohibitions in various territories. Criminal penalties for unregistered miners A bill advancing through the
State Duma would criminalize unregistered mining activities. The penalties include fines of up to 2.5 million rubles,
roughly $35,000, and prison sentences of up to five years. Disclosure: This article was edited by Editorial Team. For
more information on how we create and review content, see our Editorial Policy. MARKETS Russia bans crypto mining in
Moscow and Kursk Region until 2032 Energy concerns and wartime power shortages push Russian authorities to extend mining
restrictions across key regions, with criminal penalties for violators on the way by Editorial Team Jul. 31, 2026 Share
Add us on Google Via themoscowtimes.com Russia’s Ministry of Energy just dropped a draft decree that would ban
cryptocurrency mining in Moscow, Moscow Oblast, and parts of Kursk Oblast for more than six years. The ban would take
effect July 1, 2026, and run through December 31, 2032. The numbers behind the ban At least 65 data centers in the
Moscow region currently have a cumulative capacity of 734 MW. That number is projected to balloon to 3.6 GW, which would
represent roughly 17% of the maximum load by 2032. Moscow-area mining alone currently consumes an estimated 1 GW of
electricity. Nationally, data centers in Russia are projected to reach a total capacity of 15.3 GW within five years.
Advertisement The draft decree was published on June 26, 2026, following a review by a government electricity commission
conducted in May. Officials concluded that mining’s economic contribution does not justify its energy footprint.
War, power shortages, and regional politics Governor Alexander Khinshtein pointed to the ongoing conflict in Ukraine as
a major factor in Kursk Oblast’s growing power crisis. The ban in Kursk specifically targets eight districts along
with Lgov city. This latest restriction is part of a broader pattern that accelerated since Russia legalized mining
through Law No. 221-FZ in 2024. Mining bans have already been instituted across more than 13 regions of Russia,
including both long-term and indefinite prohibitions in various territories. Criminal penalties for unregistered miners
A bill advancing through the State Duma would criminalize unregistered mining activities. The penalties include fines of
up to 2.5 million rubles, roughly $35,000, and prison sentences of up to five years. Disclosure: This article was edited
by Editorial Team. For more information on how we create and review content, see our Editorial Policy. Loading more
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