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Russia is set to implement a ban on cryptocurrency mining in certain regions due to escalating electricity shortages. This decision comes as the country faces significant energy challenges, prompting authorities to restrict mining activities in areas where energy demand is high. In related discussions, recent studies have indicated that blanket bans on Bitcoin mining could inadvertently increase carbon emissions, as miners may relocate to regions reliant on fossil fuels, thus worsening the environmental impact. Research from Exponential Science highlights that such shifts could lead to higher overall carbon footprints, contradicting the intentions of climate-conscious policies aimed at reducing emissions.
