GuShiio.com According to TASS news agency, Russian power grid company Rosseti Group suffered losses of more than 1.3 billion Russian rubles (approximately 14.2 million US dollars) in 2024 due to illegal crypto mining. Illegal mining causes overloading of the power grid, causing voltage drops, which in turn damages electrical equipment and home appliances. Among them, the largest power theft case occurred in Novosibirsk, involving more than 32,000 mining machines and estimated losses of 197 million rubles.
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