The recently implemented registry requiring Russian Bitcoin miners to disclose wallet addresses has created significant apprehension. Miners fear that leaked data could lead to international sanctions. Despite government assurances about data safety, concerns persist, underscoring the fraught landscape for cryptocurrency mining in Russia.
Lawmaker Anton Gorelkin highlighted that data leaks could empower geopolitical adversaries against Russian miners. The potential for political fallout adds pressure, alongside new electricity consumption caps mandating miners over 6,000 kWh per month to register, further scrutinizing their operations.