April 20, 2024

FAS will raise the cost of electricity for miners

FAS will raise the cost of electricity for miners

Cryptocurrency miners in the Russian Federation must pay for electricity at an increased rate. RelevantMethodological guidelines were developed by the Federal Antimonopoly Service (FAS), writes Rossiyskaya Gazeta.

According to the regulator, individuals often try toearn on low energy tariffs by mining cryptocurrencies. This creates an overload on the power grid. The problem is especially relevant for the Irkutsk region, the Krasnoyarsk Territory and Dagestan.

FAS proposes to introduce a certain thresholdelectricity consumption, which will cut off household needs from commercial ones. To do this, the antimonopolists want to calculate the maximum number of kilowatt-hours that a resident of an apartment or house spends with the active use of household appliances.

Consumption in excess of this norm will be paid at higher rates. Each region must independently set limits, taking into account local characteristics.

Experts believe that the innovation will significantly reduce interest in mining and other types of home income from electricity.

At the end of April, a draft law “Onmining. According to the current version of the document, when electricity limits are exceeded, individual miners must register as individual entrepreneurs or self-employed.

Earlier in the same month, the Ministry of Economic Development proposed to set a threshold for the use of electricity for “home” miners, and connect farms at reduced tariffs.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

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Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bitget https://bitget.com 7.8
3 Huobi https://huobi.com 7.2
4 AAX https://aax.com 6.9
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
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FAS will raise the cost of electricity for miners

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