Russia’s crypto mining industry is experiencing rapid growth, with demand for industrial equipment tripling in the last quarter. New laws permitting businesses and entrepreneurs to mine crypto have made the industry more credible and economically viable. This has attracted both large-scale operators and individual investors, sparking a mining boom. The industry’s growth has been fueled by regulatory changes.
However, the government is now drafting restrictions to manage electricity shortages and price disparities in subsidized areas. A proposed mining ban in energy-stressed regions is expected to take effect soon. Despite these challenges, industry leaders recommend investing in crypto mining as a solid diversification strategy. Allocating up to 5% of portfolios to this field is suggested as a viable option.
