Moscow to Kill All Crypto Mining Until 2032 Because Power Grids Are Melting

The official ban kicks in on August 15, 2026, and stretches all the way to the end of 2032. Mikhail Mishustin has formally prohibited cryptocurrency mining across the entire capital region and eight specific districts in the Kursk region, including the city of Lgov.

The push for this unplugging came from local power-brokers like Sergei Sobyanin and Andrei Vorobyov, who claim that miners are sucking up electricity without providing any actual economic value to the state. Meanwhile, the governor of Kursk, Alexander Khinshtein, specifically requested the restriction, citing that the local grid is currently being hammered by both physical attacks and the relentless, uncontrolled power draw of mining rigs.

This isn't exactly a new trend, as 13 other regions—including Irkutsk, Buryatia, and Zabaikalsky—have already been forced to pull the plug on mining to prevent total blackouts. The move highlights the sheer fragility of energy networks that were built for a different century and are now being asked to fuel both basic human survival and the global race for digital coins.