According to Foresight News, Yevgeny Masharov, a member of the Russian Public Chamber and a policymaker, stated that authorities should be granted the power to confiscate cryptocurrencies from illegal or quasi-legal Bitcoin miners. Masharov believes this proposal will deter 'gray' miners by 'making illegal mining unprofitable.'
Masharov said that illegal miners in many regions put tremendous pressure on their power grid, and if this proposal is accepted, regions in Russia, 'especially those with energy shortages, will breathe a sigh of relief.'
