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Russia’s Cryptocurrency Mining Consumes Nearly 1% of National Energy, Paving Way for Renewables
Russia’s commitment to achieving carbon neutrality by 2060 has put the spotlight on the cryptocurrency mining industry, which consumes nearly 1% of national energy. The country’s reliance on fossil fuels for electricity generation raises concerns about the sector’s impact on climate change.
The massive growth of cryptocurrency mining in Russia is unsustainable without a shift towards renewable energy sources.
Source: www.crypto-news.net
