Gov't says crypto miners consume 2% of total electricity in Russia

Cointelegraph

Published May 30, 2022 06:44AM ET

Updated May 30, 2022 08:20AM ET

Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate.

The energy consumption share of the crypto mining industry has exceeded the country’s agricultural sector, showing signs of recovery after Russia fell out of the top three in the global Bitcoin (BTC) mining hash rate share.

Bitcoin mining hash rate share. Source: CBECI

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