In early August, Russian President Vladimir Putin signed a law that, starting Nov. 1, legalizes the mining of cryptocurrency, which the Kremlin sees as a handy tool for circumventing international sanctions and replenishing its budget. Crypto mining is notoriously energy intensive, but all it requires is electricity, something Russia has in abundance. But even for […]
The Paradox of Russian Energy
How is a country so rich in resources facing energy deficits?
