Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs - adtechsolutions

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Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs


The Russian Ministry of Energy began to form a national register Crypto kits because it seems to prohibit illegal mining and increase tax revenues.

Public newspaper RIA NEWSIA reported that the ministry is working on a plan with federal tax service and the Ministry of Digital Development.

The register, the ministry, will serve as a central database of all devices used for cryptocurrency mining in the nation.

Crypt of mining sets: Russians must register hardware

The Russian representative of the Minister of Energie, Petr Konyushenko, said RIA Novosti that the Ministry sent its proposal for documents to regions with a high level of crypt of mining activities.

Power station in Moscow in Russia.
Power station in Moscow in Russia. (Source: Lodo27 [CC BY-SA 3.0])

Konyushenko said that the register would let Moscow “accurately identified” who “uses electricity for cryptocurrency mining” in the nation.

This will allow regulatory organs and tax officials to ensure that miners comply with mining laws. It will also help increase tax revenues, the ministry said. Konyushenko said:

“It’s a step towards legalizing industry and reducing illegal energy consumption.”

While legal crypt mining in Russia is growing, it is also an illegal sector. It is known that the score of industrial cryptic miners works throughout the country.

Many use illegal connections to power bars. And others use subsidized energy designed for residential households to power their data centers.

The database will require all miners to send RIG serial numbers and equipment models. They will also have to submit details of other mining -related equipment.

The Ministry of Energy and the Ministry of the Section He first proposed to create a national registry of a crypt of mining equipment in February this year.

The Russian cryptist shows his equipment.
The Russian cryptist shows his equipment. (Source: Chudesniy Kitai!/Rutube)

Critics are not sure of the Ministry’s plans

Government officials said that a unified register of “equipment without which cryptocurrency is impossible” is needed.

This idea is not without her voice critics. These include legislators Anton Gorelkin, one of the architects of Russian laws on cryptological mining. Gorelkin said it is “unclear how exactly this register will help fight illegal mining”.

He added that Moscow already has “necessary tools to identify miners who illegally use electricity”.

To legalize the black market sets, says the legislature

The legislature also explained that Moscow had to concentrate its efforts to help miners to legalize crypt of mining equipment purchased by “shadow schemes”.

This would help miners “legalize” the mining trains they buy on the black market, and “add them to the registry quickly,” Gorelkin said.

Media socket RBC They stated that officials (including customs officials) are considering edition of “amnesty” for cryptons who have “no other selection” than to buy sets of underground channels in an effort to avoid sanction regimes.

At the beginning of this month, the police in Sayansk announced that it had closed an illegal crypto of a farm equipped with 240 mining kits. Officers said the farm uses enough electricity to power 2,000 apartments.

Also this month the police in St. Petersburg said they had caught up Understanding number of crypt of mining trains operating in a warehouse in an industrial zone Near the cult Mitrofanievsky highway.

Contribution Russian Ministry begins to form a national register of crypt of mining trains He appeared for the first time Cryptonews.





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