Seven Years Dark: Inside Moscow’s Bitcoin Mining Shutdown

Bitcoin miners in Moscow have been ordered to power down their machines — and this is no temporary pause. Crypto mining is barred in the city, the wider Moscow Region and parts of Kursk all the way through Dec. 31, 2032. Seven years of exclusion, in the capital of a nation that generated an estimated 175 exahashes per second during the first quarter — 16.4% of Bitcoin's worldwide computing power, a share beaten only by the U.S. The open question is what portion of that hashrate was actually

Bitcoin miners in Moscow have been ordered to power down their machines — and this is no temporary pause. Crypto mining is barred in the city, the wider Moscow Region and parts of Kursk all the way through Dec. 31, 2032. Seven years of exclusion, in the capital of a nation that generated an estimated 175 exahashes per second during the first quarter — 16.4% of Bitcoin's worldwide computing power, a share beaten only by the U.S. The open question is what portion of that hashrate was actually