Russian authorities have taken a new step toward regulating the domestic crypto mining sector by launching a national registry for mining equipment. The goal is to detect and eliminate illegal mining operations that strain the power grid and evade taxation.

According to local reports, the registry has already been created and distributed to regions with the highest mining activity. The initiative is a joint effort by the Ministry of Energy, the Federal Tax Service (FNS), and the Ministry of Digital Development. It aims to legalize the industry and prevent unauthorized electricity usage in areas where mining is prohibited.


Tighter Oversight and Fewer Loopholes

“This registry will allow us to identify miners more accurately and ensure they are properly regulated and taxed,” said Deputy Minister of Energy Petr Konyushenko. The registry is intended to create a level playing field—especially in regions facing energy constraints due to unregulated mining.

Discussions around the registry have been ongoing since early 2025. The Ministry of Energy officially proposed it in February, and it later gained support from the Ministry of Industry and Trade. In addition to improving transparency, the registry will aid enforcement in areas where mining has been temporarily banned due to limited infrastructure. Since November, ten regions have had mining bans in place until March 2031.


Rules Exist, but Many Don't Comply

Under a 2023 law, crypto mining is legal in Russia, but only for individuals, sole proprietors, and companies registered with the tax authority. Household miners can operate without registration if they stay within government-set energy limits. However, businesses must register with the FNS—a step many continue to avoid.

“So far, only 30% of miners have registered,” Deputy Finance Minister Ivan Chebeskov said in June 2025. The rest continue to operate off the radar, often using residential electricity rates to avoid higher business tariffs. The government is reportedly working to bring the remaining 70% into compliance, but no specific enforcement details or timelines have been disclosed.


Ongoing Crackdown on Illegal Mining

In recent months, Russia has carried out inspections and raids to combat illegal operations. One of the most significant actions occurred in the Krasnoyarsk region, where prosecutors shut down a massive open-air mining site operating on state land using forged documents. The site covered 30,000 square meters and generated monthly revenues of over $58,000.

Authorities also reported cases where power company employees accepted bribes to ignore illegal connections, and hackers exploited smart home devices to create hidden mining networks.

Russia’s actions reflect a growing global trend: energy-reliant countries are taking cryptocurrency mining more seriously. Whether these efforts will succeed in bringing all miners into the legal fold remains to be seen.




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