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The Russian authority network, which struck unauthorized encryption mining, lost more than 1.3 billion rubles

The RosSeti Group Group, the Energy Network Company in Russia, reported losses exceeding 1.3 billion rubles – which amounts to about $ 14.2 million – in 2024 due to unauthorized currency mining operations, also known as “black” mining companies.

According to a report issued by the state -owned news agency, the damage was widespread through the company’s electrical networks.

Illegal mining breeds the energy network in Russia

The most important influence was recorded in the North Caucasus region, which amounted to more than 600 million rubles. Novosibirsk was subjected to 400 million rubles, while the center and the Volga region were damaged to 120 million rubles.

Company High The largest individual condition in Novosibirsk, where the operator operated about 3,200 mining devices, which highlights electricity illegally on an industrial scale and caused an estimated loss of 197 million rubles ($ 2.2 million).

Russian stated that encryption mining operations contribute to the energy network congestion, which leads to low voltage problems that can harm electrical devices. Until now, the authorities have intercepted 130 cases of unauthorized power, with more than 40 cases under the criminal investigation, which may lead to prison sentence.

Landing of excess capacity by bitcoin mining

While unauthorized encryption mining has drained the Rosseti resources by stealing electricity, the group announced exploration of cryptocurrency mining as a way to improve unexploited energy energy only last month. The company said that its initiative aims to use the inefficient powerful power supply centers, enhance customs tariff revenues, and contribute to regional economic growth through tax revenues.

Looking at the wide network of RosSeti, it has the ability to coordinate mining infrastructure mode and connect energy consumers to loaded power vehicles. Discussions are taking place on the company’s potential entry into the mining industry, including strategies to stimulate the demand in these sites. One of the main aspects under consideration is a specialized tariff system to efficiently regulate energy use.

RosSeti has also confirmed its advanced energy infrastructure, which includes modern switch equipment and pregnancy management systems designed to ensure the stability of the energy network. This step is in line with the company’s broader goal of updating the Russian electrical network and integrating emerging industries.

In addition, Kommersant said earlier that the CEO of Rossette, Andre Rumin, is close to Prime Minister Mikhail Micheoten for approval to oversee the development of mining centers. If granted, this initiative can place RosSeti as a major player in the encryption mining sector, which benefits from its infrastructure to convert excess electricity into a profitable project while maintaining the reliability of the network.

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