Rosseti Teams with Telecoms to Hunt Illegal Crypto Miners Costing 1.3 Billion Rubles

Rosseti, Russia’s state-owned grid operator, is deploying new tools to crack down on illegal crypto mining. Collaborating with telecom firms Rostelecom and MTS, Rosseti will analyze internet traffic and smart-meter data using MTS’s AI-powered EnergyTool. This approach aims to pinpoint black miners—those tapping power grids unlawfully. In 2024, illegal crypto mining caused an estimated 1.3 billion rubles ($16.5 million) in losses, with true damage believed to be higher. Under Russia’s 2024 mining legalization, operators must register with the Federal Tax Service and pay taxes. Yet fewer than one-third have complied. Rosseti also uses differential electricity tariffs to deter gray miners operating at home. The highest concentrations of black mining are in Dagestan, the North Caucasus, and parts of Siberia, prompting targeted regional bans. By tightening the fight against illegal crypto mining, Rosseti and its telecom partners hope to curb unregistered operations, ensure fair grid use, and protect revenues.