Investigators have opened a criminal probe into the ‘poor miners,‘ the institute said, adding that such cases are frequent now at Russian companies with high computing power. Nobody picked up the phone at the press center of the Federal Security Service, which handles such cases.
The government is working on its first cryptocurrency legislation, which will introduce regulation of mining, initial coin offerings and cryptocurrency trade. The country’s vast, low-cost energy reserves make mining particularly attractive. Young Russians now prefer to give as gifts server farms rather than diamonds, Deputy Finance Minister Alexey Moiseev said earlier this year.
At a meeting with young scientists in Sarov in 2014, President Vladimir Putin praised Russians’ spirit of resourcefulness, saying, ’When life sets us certain challenges, we are forced to tackle them one way or another and we do.”