Four hundred respondents participated in the survey conducted by Intelion Data Systems, an importer of blockchain computing equipment in Russia. According to the results, 38% of respondents started investing in mining on the eve of bitcoin halving. Another 14% of respondents began investing in mining in 2022, 9% — with the rise of the cryptocurrency market in 2017, and 2% of respondents have been investing in cryptocurrency mining for more than ten years.
The respondents confirmed that they are ready to invest millions of dollars in mining cryptocurrencies in Russia, but they are held back by the lack of transparent and understandable regulation of the industry.
Recall that the State Duma of the Russian Federation is considering a bill on regulating the extraction of digital assets. According to participants in the industrial mining market, some provisions of the bill concerning the government's right to ban the mining of cryptocurrencies in certain territories, and a possible ban on advertising of goods and services in the mining sector, may reduce the attractiveness of the industry.
Earlier, Kommersant reported that the energy industry sharply criticized the initiative of the Ministry of Energy to increase tariffs by five to ten times for the transmission of electric energy for mining centers.