💱 The ruble is strengthening. The suspect is Bitcoin

The Central Bank of Russia suddenly discovered: Bitcoin mining may influence the strengthening of the ruble.

But there is a nuance — it cannot be calculated because half of the industry lives "somewhere near the law".

👩‍💼 Elvira Nabiullina immediately absolved responsibility:

— it is not mining that pushes the ruble up;

— miners did not appear just yesterday;

— but they do shake up the currency market.

So there is an influence, but no evidence. Classic.

⚙️ How to mine officially now

From November 1, 2024:

• 🏢 Individual entrepreneurs and legal entities — welcome to the FNS registry

• 👤 Individuals — can mine without registration, but no more than 6000 kWh, beyond that you're almost an industrialist

📋 Everyone is required to report:

• miners;

• infrastructure operators;

• data centers, hosting services, and anyone who "just provides a socket".

🌍 Russia — a crypto superpower (suddenly)

According to the Association of Industrial Mining:

• Russia — 2nd place in the world for mining;

• summer — more than 16% of the world hash rate;

• legalized the industry... a year ago.

And only now they are starting to realize that it influences the economy.