Russia’s Ministry of Power has revealed a draft decree that will ban cryptocurrency mining in Moscow, Moscow Oblast, and components of Kursk Oblast for greater than six years.
The ban would take impact July 1, 2026, and stay in place by December 31, 2032.
The numbers behind the ban
At the very least 65 information facilities within the Moscow area at present maintain a cumulative capability of 734 MW.
That determine is projected to achieve 3.6 GW, or roughly 17% of the area’s most load, by 2032.
Moscow-area mining alone already consumes an estimated 1 GW of electrical energy, whereas information facilities nationwide are anticipated to hit 15.3 GW of complete capability inside 5 years.
The decree was revealed on June 26, 2026, after a authorities electrical energy fee reviewed the matter in Might.
Officers concluded that mining’s financial contribution doesn’t justify its vitality footprint.
Warfare and regional energy pressure
Governor Alexander Khinshtein pointed to the continued battle in Ukraine as a significant driver of Kursk Oblast’s energy disaster.
The Kursk ban particularly targets eight districts together with the town of Lgov.
This restriction builds on a broader pattern that accelerated after Russia legalized mining by Regulation No. 221-FZ in 2024.
Bans have already hit greater than 13 areas throughout the nation, together with each long-term and indefinite prohibitions.
Legal penalties on the way in which
A separate invoice shifting by the State Duma would criminalize unregistered mining actions.
The penalties embrace fines of as much as 2.5 million rubles, roughly $35,000, and jail sentences of as much as 5 years.