Russian Expert Committee Proposes Hefty Fines for Residential Crypto Miners

Odaily News A Russian government-appointed expert committee has proposed imposing heavy fines on suspected cryptocurrency miners operating in residential buildings in an effort to curb power outages in some parts of the country. The fines levied would be calculated based on commercial electricity rates typically imposed on industrial companies, the report revealed. Authorities may also consider amending the Code of Administrative Offenses to hold those who abuse electricity accountable. (Bitcoin.com)