Rosseti, Russia’s largest state-backed power grid operator, is set to support Bitcoin mining by utilizing its underloaded power centers. The initiative aims to optimize unused energy capacity while generating additional revenue streams.

The company announced plans to serve as a coordinator for mining infrastructure placement, leveraging its advanced electricity monitoring and management systems to ensure efficient power consumption for mining operations. Rosseti’s focus will be on connecting Bitcoin miners to power centers with low utilization rates, enhancing energy usage, boosting tariff revenues, and contributing to regional economic growth through increased tax contributions.

To further incentivize the sector, Rosseti is exploring specialized tariffs to balance demand and encourage mining expansion.

Russia’s Bitcoin mining industry has surged since the government introduced regulations allowing registered businesses and entrepreneurs to engage in crypto mining. A recent legislative move also exempted mining operations from value-added tax, driving a three-fold increase in mining equipment demand during late 2024.

Despite the growth, concerns about electricity grid strain have prompted government intervention. In November, the Kremlin warned of potential energy crises if mining remains unchecked. Consequently, mining bans were introduced in energy-stressed regions, including Dagestan, Chechnya, Ingushetia, and specific areas in Irkutsk, Buryatia, and Zabaikalsky Krai, particularly during peak demand periods.