Cryptonews reported on July 11th that the Russian government plans to ban data processing centers from using subsidized electricity for cryptocurrency mining. The revised 2022 Mining Act requires the Ministry of Digital Development and Communications to establish a registration system, and operators must commit not to engage in mining activities in order to enjoy preferential electricity prices. Registration is voluntary, but companies that join must not install mining equipment, even if the equipment is not connected to the network. This move aims to regulate electricity use and curb illegal mining. https://t.co/7iqWTm1ckH