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09.01 - 15:39
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t
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cryptonews.comCrypto miners in Russia could be set to pay higher electricity fees in 2022, but the development could allow miners to ply their trade without further scrutiny from energy providers – who may even assist them in setting up their operations in ways that place less strain on local grids.
Some have been worried that the slow pace at which the government is moving towards crypto legislation would leave both the miners and power providers in limbo. But per the media outlets Kommersant and Glas Naroda, the government appears to have found a work-around that does not involve any legislative changes.
In an official decree, the government explained that it has handed local governors the power to “independently determine the maximum volume of
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