Russia’s Power Grid Operator Reports Over 1.3 Billion Rubles in Losses from Illegal Crypto Mining
Illegal cryptocurrency mining operations have cost Russia’s power grid operator, Rosseti, more than 1.3 billion rubles in 2024, as unauthorized connections continue to drain the country’s electricity supply. The company reported that it had uncovered and halted 130 cases of illegal power consumption, with authorities launching over 40 criminal investigations ...
