Citing RBC, in 2025, Russian miners produced approximately 26,000 bitcoins, valued at around $2.2 billion, as the country maintained its position as the second-largest bitcoin miner globally. Despite rising electricity costs, mining difficulty, and regulatory constraints, the industry adapted, with the Bitcoin network's hash rate surpassing 1 Zh/s for the first time. Experts noted a decline in mining profitability, with the profitability index dropping to $35 per PH/s in December, down 45% from its July peak. Russia's legal mining framework, introduced in November 2024, faces challenges, including limited legalization of previously imported mining equipment and regional restrictions due to energy shortages. The industry is also shifting toward integrating AI infrastructure and gas-powered generation to reduce costs and improve efficiency.
Russia Remains Second in Bitcoin Mining in 2025 Amid Rising Costs and Regulatory Challenges
RBCShare
Summary
Russia held the second spot in global Bitcoin mining in 2025, producing 26,000 BTC valued at $2.2 billion, per RBC. Despite rising electricity costs and regulatory hurdles, the hash rate exceeded 1 Zh/s. Mining profitability fell to $35 per PH/s in December, down 45% from July. The legal mining framework, launched in November 2024, struggles with equipment legalization and regional energy limits. Miners are adopting AI and gas-powered generation to cut costs. With MiCA nearing EU adoption and CFT concerns rising, global regulatory shifts may further shape the industry.
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