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Moscow's Mining Blackout Redraws Asia's Hash Rate Map HONG KONG — A Russian government commission has recommended a six-year prohibition on cryptocurrency mining across Moscow, the surrounding Moscow Oblast and several districts in the Kursk region, a decision that traders on this side of Eurasia are already reading as a tailwind for Central Asian and East Asian hash power.
The recommended ban, which Deputy Energy Minister Evgeniy Grabchak indicated could remain in force until at least 2032, would idle data processing capacity that local energy ministry figures put at 734 megawatts across 65 sites in the two Moscow territories alone.
A separate proposal under review by Kommersant's sources would extend restrictions to all 19 regions inside Moscow's power distribution network, effectively pulling the plug on the Central Federal District — Russia's economic core.
For Asian markets, the implications are less about Russian politics and more about where the displaced terahash settles.
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