2,700 Crypto Rigs Seized: Russia Launches Biggest Mining Raid Of The Year
PositiveCryptocurrency

In a significant crackdown on illegal crypto mining, Russian authorities have seized around 2,700 mining rigs in St. Petersburg. This operation, which followed a detailed investigation into suspiciously low energy consumption, highlights the government's commitment to regulating the cryptocurrency sector. The seized equipment, including cooling systems and machines, underscores the scale of the mining activities taking place. This move not only aims to curb illegal operations but also reflects a growing awareness of the need for oversight in the rapidly evolving crypto landscape.
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