Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining

Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately 1.3 billion rubles ($14.2 million). On Feb. 1...

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Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining

Source: CryptoSlate

Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately 1.3 billion rubles ($14.2 million). On Feb. 18, local media outlet Tass reported that Rosseti said these losses stem from unauthorized electricity consumption across multiple regions, with the North Caucasus Grid alone accounting […]