Russian Power Grid Suffers $14M Loss Due to Illegal Crypto Mining: Local Report

BY admin user

In recent developments, the Rosseti group [the company, which manages electricity distribution in Russia] reported significant losses due to illegal connections by “black” miners, totaling over 1.3 billion rubles in 2024.  Per Tass media local coverage, the most substantial losses were incurred by Rosseti North Caucasus, which faced damages exceeding 600 million rubles, followed by…

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