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Russia may build dedicated power plants for crypto miners, says top politician

Aisen Nikolaev has suggested that Russia could develop dedicated power plants exclusively for crypto miners, operating independently from the public grid to safeguard energy supply.

Concerns over uncontrolled energy consumption for mining have led the government to contemplate special power stations. This move aims to tackle public energy concerns while supporting the crypto industry.

The government has recently enacted bans on crypto mining in certain energy-deficient areas, intending to manage electricity usage better. Increased actions are being taken against illegal mining operations to deter misuse.

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