In December 2024, a seasonal ban on cryptocurrency mining was introduced in the southern part of the Irkutsk region, as well as in southern parts of Buryatia and Zabaykalsky Krai. This decision is linked to energy shortages in these regions and aims to reduce the load on the power system. From March 15, 2025, the ban is de jure suspended until November 15, temporarily allowing mining capacities to resume operations.
Introduction of the Mining Ban in Southern Irkutsk Region
The ban was prompted by a severe electricity deficit in the southern Irkutsk region and neighboring areas. The seasonal ban applies during periods of high energy consumption and covers southern Irkutsk region, southern Buryatia, and parts of Zabaykalsky Krai. The temporary lifting of the ban from March 15 to November 15, 2025, provides miners an opportunity to operate during less strained periods.
Volumes and Characteristics of Mining Loads
Before the ban, the total mining power consumption in southern Irkutsk region was about 650 MW. Of this, household and small-scale mining on residential tariffs accounted for no more than 100 MW. During the seasonal ban, approximately 320 MW of mining load was disconnected, significantly reducing the region's power system load.
Consequences of the Year-Round Ban
The year-round mining ban, effective until the planned elimination of the energy deficit in 2031, means a permanent shutdown of all mining capacities in the region. This will reduce useful electricity supply by approximately 4.5 billion kWh annually. At the same time, it creates legal grounds to free up several hundred megawatts of electricity capacity, which can be redirected to social and other consumers.
Economic and Social Effects of the Ban
The ban will cause a temporary increase in electricity prices for non-residential consumers due to increased cross-subsidization. Energy companies will face lost revenues until new consumers compensate for the reduced load. In the long term, freeing up capacity will improve electricity distribution in the region and support social needs.
Why This Matters to Miners in Irkutsk Region
For miners with a small amount of equipment, the ban limits operational opportunities in energy-deficit territories. The seasonal nature of the ban provides a temporary window for work, but the year-round ban until 2031 significantly restricts activities in the southern part of the region. This requires planning and seeking alternative solutions to maintain mining efficiency.
What Miners Should Do Under the Ban
- Monitor the ban periods and plan operations during allowed times.
- Consider relocating capacities to regions without restrictions.
- Optimize energy consumption and use more energy-efficient equipment.
- Stay informed on legislative changes and participate in professional communities for up-to-date information.
For a more detailed understanding, we recommend reviewing materials on the year-round mining ban in Irkutsk region and the causes and consequences of the ban in southern Priangarye. Also useful is information on electricity consumption by mining in Russia in 2024.
