Lawmakers propose measures to clamp down on cryptocurrency mining with household electricity in Russia.
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas.
Mining can cause significant material damages, the report notes. If a university pays a higher electricity bill, it may seek compensation from the students that have been caught minting cryptocurrency, the lawyer elaborated. But if the miners refuse to cover these expenses, they may eventually pay with their freedom, Shelupakhin warned.
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