Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners will increasingly employ renewable energy sources. Russia’s Cryptocurrency Mining Energy Expenditure Nears 1% of the Nation’s Total The growth in Russia’s cryptocurrency mining industry energy […]
Source link

Chain Articles > Blog > Bitcoin > Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
posted on
You Might Also Like
Tokenisation Catapults Dubai’s Real Estate Market to $18B in May 2025
Jack DaviesJune 9, 2025
Dubai witnessed a historic growth spurt in its real estate market in May this year, with an all-time high sales...
KULR Technology Joins Bitcoin For Corporations, Increases Holdings To 920 BTC
Jack DaviesJune 9, 2025
KULR Technology Group, Inc. (NYSE American: KULR), a Bitcoin First Company and global leader in sustainable energy management, announced that...
Stablecoins Shatter $250B Barrier in Historic Crypto Milestone
Jack DaviesJune 9, 2025
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week...
Strategy Upsizes STRD Offering to $1 Billion to Buy More Bitcoin
Jack DaviesJune 9, 2025
Strategy, the company formerly known as MicroStrategy, is expanding its already massive bitcoin bet. The software company, led by Executive...