This marks the first time a major world power has combined energy consumption tracking with digital identity verification for crypto mining at a national scale. The 6,000 kWh threshold creates an unprecedented mechanism for forcing small operators into a government database, while the foreign national ban represents a new level of sovereign control over digital assets.
Russia's Digital Registry: Putin's Grip Tightens on Crypto Mining
📰 What Happened
Russia's Ministry of Energy, Digital Development, and Federal Tax Service have launched a comprehensive mining registry to crack down on cryptocurrency operations. Only 30% of miners registered since late 2024, prompting stricter enforcement. New legislation limits private mining to 6,000 kWh monthly and bans foreign nationals. Deputy Energy Minister Petr Konyushenko emphasized the registry enables 'precise identification of consumers using electricity for mining needs' for targeted regulation and taxation.
📖 Prophetic Significance
Russia's three-ministry coordination (Energy, Digital, Tax) demonstrates accelerating convergence of surveillance systems. The 70% noncompliance rate reveals the scale of underground economic activity that governments seek to eliminate. When combined with China's digital yuan rollout and the EU's MiCA regulations, we see the rapid formation of comprehensive state control over digital transactions. The 6,000 kWh limit particularly aligns with Revelation's economic control prophecies by establishing precise thresholds for permitted independent financial activity. This creates infrastructure for identifying and restricting non-compliant economic behavior.