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Cryptocurrency Mining Consumes 1 Percent Russia

Renewable Shift in Russia’s Cryptocurrency Mining Sector

  • Cryptocurrency mining consumes nearly 1% of Russia’s total energy.
  • REDA anticipates a rise in renewable energy use among miners.
  • Russia ranks third globally in cryptocurrency mining energy consumption.

This trend indicates a strategic pivot towards sustainable practices, with the Renewable Energy Development Association advocating for increased adoption of renewables within the industry.

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