Russia’s Bitcoin craze is fueled by crypto mining in “shadow regions.” These areas, known for their lack of regulation and oversight, have become hotspots for mining operations. The allure of cheap electricity and minimal government interference has drawn in countless miners looking to capitalize on the booming cryptocurrency market. As a result, Russia has seen a surge in Bitcoin activity, with many attributing this growth to the activities in these shadow regions. Despite concerns about the legality and sustainability of these operations, the trend shows no signs of slowing down.
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