energy | ForkLog

ForkLog 42 24.03.2025

Mining Ban in Russia Reduces Energy Consumption by 300 MW

Restrictions on cryptocurrency mining in several Russian regions have led to an average reduction in energy consumption of 300 MW. This was reported by Kommersant, citing data from the Ministry of Energy. The largest reduction—320 MW—occurred in Siberian regions: parts of the Irkutsk region, Buryatia, and the Trans-Baikal Territory. According to ministry representatives, the mining […]

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ForkLog 12 03.03.2025

250 Bitcoin Miners Shut Down in Irkutsk Region

An illegal mining farm with 250 devices was discovered in Shelekhov, Irkutsk region, according to a report by the city prosecutor’s office. The equipment was located in a non-residential building and belonged to an individual not listed in the registry of citizens engaged in cryptocurrency mining. Moreover, Shelekhov district is among the areas where digital […]

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ForkLog 25 27.01.2025

Russia’s ‘Grey’ Miners Cause Annual Losses of 10 Billion Rubles

Russian illegal miners steal electricity worth billions of rubles annually. MTS combats underground farms through a special energy consumption analysis system. The Ministry of Energy considers it prudent to ban cryptocurrency mining in certain regions until additional generating capacities are established. Billions in Losses The total damage from electricity theft for cryptocurrency mining in Russia […]

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ForkLog 16 17.01.2025

Irkutsk courts confirm 650 million rubles in damages from crypto mining

Over the past five years, Irkutskenergosbyt won 1,348 court cases against miners who illegally used electricity, for a total of nearly 650 million rubles. The rulings have taken effect and the defendants were ordered to pay damages. 104 claims were paid before judgments were handed down. In all, the utility filed 2,113 lawsuits against “grey” […]

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ForkLog 24 14.01.2025

Makhachkala unplugs 408-device bitcoin farm

Dagestan’s power utility uncovered a large cryptocurrency-mining farm in Makhachkala that was illegally connected to the grid, according to acting director of Dagenergo, Arsen Gadzhiev. He said the facility hosted 408 ASIC miners. The amount of stolen electricity exceeded 27m kWh. Damages were estimated at more than 180m rubles. Case materials have been handed over […]

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ForkLog 30 09.01.2025

Thai police seize about 1,000 bitcoin miners from JIT Co.

Thai police seized 996 bitcoin mining devices from JIT Co., based in the eastern province of Chon Buri, according to local media. The firm, registered to trade digital assets, is suspected of stealing electricity. Preliminary estimates put losses at hundreds of millions of baht (millions of dollars). An employee told police the power theft took […]

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ForkLog 24 30.12.2024

AI Data Centres Pose Potential Risks to US Power Grids

The proliferation of data centres powering artificial intelligence could lead to issues within the US power system, according to a new report by Bloomberg. The agency found that more than half of households experiencing the most severe power distortions are located within 32 km of major data centres. Experts analysed 1 million sensors in residential […]

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ForkLog 29 17.12.2024

Abkhazia’s Draft Law Proposes Prison for Cryptocurrency Mining

On December 16, the Abkhazian parliament passed in the first reading draft laws for a complete ban on cryptocurrency mining and criminal liability for such activities, as reported by TASS. Both documents aim to ensure the rational use of the republic’s limited energy resources. The first draft prohibits cryptocurrency mining, as well as the circulation, […]

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ForkLog 20 10.12.2024

Abkhazia Shuts Down Internet to Combat Illegal Mining

On December 10, from midnight to 7:00 AM, internet providers in Abkhazia, at the behest of authorities, disconnected internet access across the republic to counteract illegal mining. This was reported by Interfax. The government has established a task force to ensure the region’s energy security. Timur Dzhindzholia, CEO of Chernomorenergo, stated at a task force […]

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ForkLog 12 04.12.2024

Illegal Miners Push Abkhazia’s Energy Sector to Crisis

The authorities in Abkhazia have declared an energy crisis in the republic, attributing it partly to illegal cryptocurrency mining, reports TASS. The region is currently experiencing an emergency drop in water levels at the Inguri hydroelectric power station, which could lead to rolling blackouts and necessitate additional electricity purchases. Since 2016, energy consumption in Abkhazia […]

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ForkLog 9 02.12.2024

Siberian Legislator Faces Charges for Garage-Based Crypto Mining

A member of the Krivodanovsky village council in the Novosibirsk region has been accused of causing property damage through illegal cryptocurrency mining, according to the regional prosecutor’s office. Case files indicate that 28-year-old Alik Nersisyan set up an illicit mining operation in his garage in the village of Krivodanovka. Investigators allege he used piercing clamps […]

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ForkLog 15 22.11.2024

Belarus Boosts Mining with Nuclear Power Plant Launch

The launch of Belarus’s first nuclear power plant has enabled the development of incentivised electricity tariffs, fostering the growth of cryptocurrency mining. This was stated by the Deputy Minister of Energy of Belarus, Denis Moroz, as reported by Rossiyskaya Gazeta. He explained that companies engaged in cryptocurrency mining and large data centres receive discounts based […]

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