Russia to ban crypto mining in Moscow region from Aug. 15, 2026 through 2032 over grid strain

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Russia will ban all crypto mining in Moscow and nearby regions from Aug 15, 2026 through 2032, citing ~1 GW of local grid strain. With Russia estimated at ~16.9% of global BTC hashrate and global hashrate already down ~12% from late-2025 peaks, the policy risks further near-term hashrate contraction and operational disruption for Russian miners, reinforcing regulatory and energy-supply constraints as key network drivers.
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
Russia’s government said bitcoin mining will be fully banned in Moscow and surrounding areas starting Aug. 15, 2026, with the restriction running through 2032. The move is tied to pressure on the local power system, with mining in Moscow alone consuming about 1 gigawatt of electricity. Hashrate Index data put Russia at roughly 16.9% of global bitcoin hashrate, while global hashrate had already fallen for two consecutive quarters by Q2 2026, down about 12% in total. The regional enforcement is set to disrupt operations for BTC miners in Russia and adds to the broader contraction in global hashrate.