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As cited by Russia’s largest bitcoin mining provider, Bitriver, Russia is now the world’s second-largest cryptocurrency mining country. Russia’s generating capacity According to Bitriver’s data, cited by The Moscow Times, Russia became the second-largest bitcoin mining provider in the world by the end of the first quarter of 2025. The Russian daily Kommersant recently reported that for the first time ever in history, Russia grabbed the second position worldwide in terms of the amount of power Russia becomes the second-largest country in cryptocurrency mining, while the United States retains the top spot; however, unclear regulations in the US could shift the Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its Russia shortens the distances with the United States and becomes the second largest producer of hashrate in Bitcoin mining. Russia has made significant progress in Russia bagged the second position globally in terms of its mining capacity between January and March, at 1 gigawatt (GW), the media report quoted BitRiver, a turnkey As of the end of the first quarter of 2025, Russia ranked as the world’s second most powerful Bitcoin (BTC) mining provider, according to the Moscow Times, citing data from

Bitcoin Russia: Surging to 2nd Largest Mining Hub Globally, Chasing the US Lead

The global Bitcoin mining landscape is shifting, with Russia emerging as a dominant force. According to recent reports, Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its leading position. This rapid growth positions bitcoin Russia as a key player in the future of cryptocurrency.

Russia's Rise in Bitcoin Mining: Key Data and Insights

Russia shortens the distances with the United States and becomes the second largest producer of hashrate in Bitcoin mining. Russia has made significant progress in recent years, leveraging its energy resources and infrastructure to bolster its mining capabilities. As cited by Russia’s largest bitcoin mining provider, Bitriver, Russia is now the world’s second-largest cryptocurrency mining country.

Bitriver's Report: Russia's Mining Capacity Soars

Russia bagged the second position globally in terms of its mining capacity between January and March, at 1 gigawatt (GW), the media report quoted BitRiver, a turnkey provider. According to Bitriver’s data, cited by The Moscow Times, Russia became the second-largest bitcoin mining provider in the world by the end of the first quarter of 2025. The Russian daily Kommersant recently reported that for the first time ever in history, Russia grabbed the second position worldwide in terms of the amount of power used for Bitcoin mining.

US Still Leads, but for How Long?

While the US tops list of Bitcoin mining countries, Russia’s generating capacity is rapidly closing the gap. The dynamics between the two nations are crucial to observe.

Uncertainty in US Regulations Could Benefit Russia

Russia becomes the second-largest country in cryptocurrency mining, while the United States retains the top spot; however, unclear regulations in the US could shift the balance of power in the future. More stringent regulations in the United States could inadvertently push mining operations elsewhere, potentially further solidifying Russia's position.

As of the end of the first quarter of 2025, Russia ranked as the world’s second most powerful Bitcoin (BTC) mining provider, according to the Moscow Times, citing data from Bitriver. This milestone underscores the significant investments and infrastructure development taking place within Russia's crypto mining sector.

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