Over 100 Illegal Mining Farms Found in the North Caucasus Since the Beginning of the Year

RBK-cryptoPublicado em 2025-12-11Última atualização em 2025-12-11

Resumo

Since the beginning of 2025, over 100 illegal cryptocurrency mining farms have been discovered in Russia's North Caucasus Federal District, according to "Rosseti Severny Kavkaz." The total financial damage from their operations is estimated at over 656 million rubles. Although cryptocurrency mining is officially banned in the region until Spring 2031, many illegal miners continue to operate by stealing electricity, either bypassing meters or connecting directly to the grid without contracts. The breakdown of discovered farms by region is as follows: 79 in Dagestan (causing 89.5 million rubles in damage), 14 in Ingushetia (455.5 million rubles), 5 in Karachay-Cherkessia (104.1 million rubles), 2 in Stavropol Krai (1 million rubles), 2 in North Ossetia (390,000 rubles), and 1 in Kabardino-Balkaria (5.8 million rubles). Dagestan leads in the number of cases, which the energy company attributes to individuals attempting to generate profit without using their own funds for electricity. In response to the widespread issue, Russian Deputy Prime Minister Alexander Novak announced on December 8th that the government plans to establish both administrative and criminal liability for violations related to cryptocurrency mining.

More than 100 illegal mining farms have been identified since the beginning of 2025 in the North Caucasus Federal District, according to the company "Rosseti Severny Kavkaz" (Russian Grids of the North Caucasus) as cited by TASS. The total amount of damage exceeded 656 million rubles.

Cryptocurrency mining is prohibited in the republics of the North Caucasus until the spring of 2031. However, many illegal miners remain in the regions, stealing electricity by bypassing meters or connecting to the grid directly without contracts.

5 underground farms were discovered in Karachay-Cherkessia (damage of 104.1 million rubles), two in the Stavropol Territory (1 million rubles) and North Ossetia (390 thousand rubles), and one more in Kabardino-Balkaria (5.8 million rubles).

The most significant damage to energy companies was caused by 14 farms in Ingushetia — 455.5 million rubles. The largest number of illegal miners was identified in Dagestan. There, 79 farms were found, which caused damage amounting to 89.5 million rubles.

"Dagestan still leads in the number of illegal mining cases. This is related to attempts by certain citizens to profit without using their own funds," the energy company reported.

On December 8, at a meeting of the Council for Strategic Development and National Projects, Deputy Prime Minister Alexander Novak stated that the government plans to establish both administrative and criminal liability for violations related to cryptocurrency mining. Lawyers told "RBC-Crypto" where the line between administrative and criminal offenses in the field of mining might be drawn.

In Belarus, reasons for blocking crypto exchange websites have been named. What is known.

Bitcoin mining difficulty has fallen for the third time in a row. What this indicates.

The Central Bank has proposed limiting ordinary Russians' right to purchase cryptocurrency.

Perguntas relacionadas

QHow many illegal mining farms were discovered in the North Caucasus since the beginning of 2025?

AMore than 100 illegal mining farms were discovered.

QWhat is the total amount of financial damage caused by these illegal mining operations?

AThe total financial damage amounted to more than 656 million rubles.

QUntil when is cryptocurrency mining banned in the republics of the North Caucasus?

ACryptocurrency mining is banned until the spring of 2031.

QWhich Russian region suffered the most financial damage from these illegal mining farms?

AIngushetia suffered the most financial damage, with 14 farms causing 455.5 million rubles in damage.

QWhat did the Russian government plan to establish regarding cryptocurrency mining violations, as stated by Deputy Prime Minister Alexander Novak?

AThe government plans to establish both administrative and criminal liability for violations related to cryptocurrency mining.

Leituras Relacionadas

The AI Stock Genius Who Made 60x Bets $7.7 Billion on Nvidia Topping Out

An AI-focused hedge fund named Situational Awareness LP, known for its 60x returns, has taken a significant bearish stance on semiconductor stocks in Q1 2026. Its 13F filing reveals a massive 148% quarterly increase in nominal exposure to $13.677 billion, with over 60% of the new exposure directed towards put options on major chip players. Key bearish bets include $2.04 billion in puts on the VanEck Semiconductor ETF (SMH) and $1.56 billion on NVIDIA, alongside positions against Broadcom, Oracle, AMD, and others. The fund simultaneously increased its long equity holdings in AI infrastructure and compute providers like CoreWeave and Bitcoin mining companies repurposing for compute. The core thesis behind this positioning is a shift in the primary constraint for AI expansion. The fund argues that while GPU supply was the critical bottleneck in previous years, the new limiting factors for large-scale AI cluster deployment are physical infrastructure: electrical grid access (with multi-year backlogs in the US), power availability, land, and data center construction timelines. The fund is not betting against AI's success but rather hedging against potential valuation corrections in semiconductor stocks whose prices may have run ahead, while directly investing in the downstream physical bottlenecks—power and data center capacity—it believes will capture value next. This move translates a previously theoretical narrative about infrastructure constraints into a concrete, high-conviction portfolio structure.

链捕手Há 31m

The AI Stock Genius Who Made 60x Bets $7.7 Billion on Nvidia Topping Out

链捕手Há 31m

Deep Dissection of the Anthropic Account Banning Storm: The Behind-the-Scenes of the Safety Religion, AI Civil War, and Claude's Dilemma Under US-China Decoupling

"Deconstructing Anthropic's Account Banning Storm: Safety Dogma, AI Civil War, and the Claude Dilemma Under US-China Decoupling" analyzes the aggressive user account suspension policies of Anthropic, particularly for its product Claude Code. The article attributes this to a multi-layered convergence of factors. The root cause is traced to founder Dario Amodei's personal "safety religion." Shaped by his father's illness and his exit from OpenAI over safety disagreements with Sam Altman, Amodei embedded this "zero-tolerance" philosophy into Anthropic's DNA. This manifests in technologies like Constitutional AI and a "preventive enforcement" approach to risk, prioritizing safety over user experience or growth. This stance defines Anthropic's position in the US "AI Civil War," pitting "safety-first" proponents like Amodei against "accelerationists" like Altman who prioritize rapid development and commercialization. Anthropic's strict model aligns with its business strategy targeting high-value, low-risk enterprise clients who pay a premium for security, unlike OpenAI's mass-market approach. Capital from Amazon and Google supports Anthropic but also creates a delicate balance, as these investors need its safety reputation without allowing overly restrictive policies to cripple its commercial viability. The conflict escalated when Anthropic refused a US Department of Defense contract requiring the removal of safety guardrails, leading to its placement on a "supply chain risk" blacklist—a key example of the public battle between the two AI factions. For Chinese users, the stringent bans are further compounded by US-China tech decoupling. Anthropic's policies act as a tool for compliance with US export controls, making Chinese users—who often circumvent regional blocks via VPNs or virtual cards—primary targets for "preventive" account terminations to avoid regulatory penalties. The article concludes that Anthropic's harsh account control measures are unlikely to loosen in the near future, being integral to its founding philosophy, business model, and geopolitical compliance needs, positioning it as a unique, security-obsessed player in the tripartite global AI competition involving US safety and acceleration factions and rising Chinese AI power.

marsbitHá 47m

Deep Dissection of the Anthropic Account Banning Storm: The Behind-the-Scenes of the Safety Religion, AI Civil War, and Claude's Dilemma Under US-China Decoupling

marsbitHá 47m

SpaceX IPO Rush: A Capital Feast That Could Reshape the Landscape of AI and Crypto

SpaceX's potential IPO is emerging as a pivotal event that could reshape the landscape for both AI and Crypto markets. Far more than a traditional aerospace offering, SpaceX represents the core of Musk's future-tech ecosystem, with its Starlink satellite network positioning it as a global digital infrastructure company. This shift could redefine the foundational layers of the internet, communication, and data flow. Historically, major tech capital market movements, like AI booms or Bitcoin ETF approvals, have profoundly influenced crypto cycles. The SpaceX IPO could trigger a similar "super-narrative" fusion, boosting investor sentiment toward future digital infrastructure. This is particularly relevant for Crypto, which aims to build decentralized versions of such global systems. Key crypto sectors likely to benefit include: * **DePIN (Decentralized Physical Infrastructure Networks):** Projects like Render, Filecoin, and Helium, which incentivize real-world infrastructure for compute, storage, and connectivity. * **AI Crypto:** Platforms such as Bittensor and Fetch.ai, which leverage blockchain for decentralized AI computation, data markets, and agent economies. * **On-chain Payments & SocialFi:** Ecosystems like Solana and Ton, which could gain traction if Musk's X platform integrates digital payments and stablecoins. Ultimately, the IPO symbolizes a broader capital re-evaluation of core digital-age assets—networks, AI, data, and decentralized systems—aligning closely with crypto's long-term vision. It may act as a catalyst, redirecting global tech investment flows toward the crypto space as the next chapter in digital infrastructure unfolds.

marsbitHá 1h

SpaceX IPO Rush: A Capital Feast That Could Reshape the Landscape of AI and Crypto

marsbitHá 1h

Trading

Spot
Futuros
活动图片