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Mining Bitcoin News

Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages

Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address these issues as miners bypass regulations. Dagestan Cracks Down on Illegal […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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