The Ministry of Economic Development of the Russian Federation prepared proposals on the regulation of cryptocurrencies and sent them to the Ministry of Finance.
The Ministry proposed to introduce a threshold for the use of electricity for individuals engaged in domestic mining of cryptocurrency. Thus, the Ministry plans to establish a social norm of consumption for them.
“The details of the calculation are still in development,” the regulator said.
The ministry also proposes to connect mining farms to energy sources at reduced rates.
In addition, the regulator considers it advisable to allow mining in regions with a stable surplus of electricity generation – the Irkutsk, Murmansk and Novosibirsk regions, the Khabarovsk and Krasnoyarsk territories, and Khakassia.