BREAKING: Russia has targeted some 50,000 cryptocurrency miners after expanding operational bans to 13 regions, in what is shaping up to be the most severe enforcement action since the legalization of the activity in 2024.

The underlying issue is not only regulatory; the country faces electricity deficits of nearly 3,000 MW in key Siberian areas, and the reshuffle could shift some of Bitcoin's global computing power to other markets.
The restrictions cover 10 active regions, including Irkutsk, parts of Buryatia and Zabaikalsky, six republics in the North Caucasus, and Ukrainian territories occupied by Russia.