Russia’s Putin reasons crypto mining ban amid power shortages and rising electricity rates

President Putin of Russia has blamed growing energy deficits caused by the booming minting of digital currencies for a creeping ban on crypto mining across his country. Putin’s comments on the matter follow a recent increase in electricity prices which, as analysts predict, is likely to affect the business of companies mining Bitcoin in the […] source: https://www.cryptopolitan.com/russias-putin-reasons-crypto-mining-ban-amid-power-shortages-and-rising-electricity-rates/