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Siberian Power Firm Aims to Prosecute 400 ‘Illegal’ Crypto Miners
Crypto Mining Russia
Crypto miners in Irkutsk have stolen over $6.3 million worth of power from the grid, says power provider Last updated:
January 19, 2025 22:00 EST
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Tim Alper
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Tim Alper
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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
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Last updated:
January 19, 2025 22:00 EST
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And the provider says that illegal miners in the oblast have already “stolen $6.3 million worth of power from the grid.”
Siberian Power Firm: Miners Operate Rigs on Balconies and Garages
Per the Russian media outlet RBC, Irkutsk Energosbyt has filed 2,113 lawsuits against private individuals for the “illegal use of electricity for crypto mining” in the past five years.
The power firm is hunting so-called “gray” miners, who “install mining equipment in places not intended for this purpose.”
Irkutsk Energosbyt called crypto mining rigs “powerful devices” that “increase the load on household power grids.”
And this, they claim, can “lead to accidents” on power lines across the Siberian oblast.
Defendants Deny Wrongdoing
The media outlet reported that defendants had used a wide range of excuses in court to “justify” their “high energy consumption,” denying they run crypto mining rigs.
In one case, RBC wrote, a defendant “said that he was running 10 heat guns in a 20sqm room because “he simply liked hot temperatures.”
Another defendant reportedly told a court that “he uses a boiler around the clock” to “feed an artificial reservoir with distilled water.”
In recent years, it has become the de facto capital of Russia’s fast-growing Bitcoin (BTC) mining industry.
Cryptonews.com has also seen evidence suggesting that many home-based miners in Siberia and elsewhere in Russia prefer mining Ethereum (ETH).
But Irkutsk has since become a victim of its own popularity, with the region and neighboring areas complaining of crypto mining-related power shortages.
However, power firms say that gray miners use “preferential rate electricity” or subsidized energy to power their rigs.
Uphill Battle?
Lawmakers and power providers have faced an uphill battle as they bid to stop miners from using subsidized power intended for residential areas to mine coins.
In December, members of the State Duma proposed a bill that would strip crypto miners of their electricity benefits.
Crypto mining is illegal in many parts of Russia – including southern Irkutsk – during the winter months.
However, in other parts of the country, private individuals are free to mine coins at home – even using subsidized power – if they do not use more than 6,000 kWh per month.
Sergey Bezdelov, the head of the Industrial Mining Association, said that “in FY2024 Q4,” demand for industrial mining equipment and services rose sharply in Russia.
Bezdelov said sales have “increased threefold compared to the same period in FY2023.”
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