Could a complete ban on mining be introduced in Russia?
Following the news of a mining ban in Kyrgyzstan, many Russian miners began to fear a repeat of the situation in Russia. Russia has already imposed partial restrictions on cryptocurrency mining in several regions. Miners fear that the bans could become more widespread over time.
We'll tell you whether Russian miners should be concerned about the ban.
Experts agree that the likelihood of a complete ban on mining in Russia is extremely low, although each emphasizes different aspects of the issue. AXIMINE CEO Sergey Moiseev explains that the situation in Kyrgyzstan, where mining was temporarily suspended due to electricity shortages, is not applicable to Russian realities. In Russia, the government is building a system to legalize the industry, introducing clear tax regulations, and integrating industrial mining into the energy grid.
He believes restrictions are only possible in energy-deficient regions, while areas with surplus capacity offer new opportunities for the sector. According to the expert, the market is gradually dividing into zones where illegal and household mining are being squeezed out, while industrial mining is supported.
Ivan Sukhiasov, CEO of EVI Global Group, notes the state's economic interest: mining ensures stable energy consumption and increases tax revenues. He emphasizes that there is no benefit to the government in completely shutting down the industry, and local restrictions are only possible in the event of a real electricity shortage. He estimates that legal industrial mining is developing into a fully-fledged sector that brings tangible benefits to the state and investors.
Mining expert Pavel Solodkov also believes a ban in Russia is unlikely. He notes that mining is a transparent and understandable activity capable of generating significant revenue for the budget. He argues that Russia, as an energy-rich country, would be one of the last to need to ban mining: the country maintains a significant electricity surplus, and miners often build their own energy infrastructure. He admits that a ban is theoretically possible, but under current conditions, it seems highly unrealistic.
Ultimately, experts agree on one thing: Russian policy is built around regulating and supporting legal industrial mining, rather than banning the industry entirely.
Источник: cryptocurrency.tech
