Electricity consumption for Bitcoin mining in Russia 2021-2023

Published by Statista Research Department, Nov 1, 2024

The electricity consumption for cryptocurrency mining purposes in Russia increased to 16 billion kilowatt-hours in 2023, having more than tripled from the previous year. Starting from November 2024, the Russian government banned cryptocurrency mining in several regions where the share of illegal mining was found to be the highest.

Consumption of electricity for Bitcoin mining in Russia from 2021 to 2023 (in billion kilowatt-hours)

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Release date

2024

Region

Russia

Survey time period

2021 to 2023

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