The Russian government has introduced a bill to the State Duma proposing criminal penalties for illegal cryptocurrency mining, including prison sentences of up to five years and fines reaching 2.5 million rubles (approximately $25,000). This move aims to regulate the estimated 50,000 individuals and entities involved in mining, of which fewer than 1,500 are officially registered. Additionally, Russia has extended its mining ban to the Republic of Buryatia and Zabaykalsky Krai until March 15, 2031, now affecting 13 regions. The Minister of Energy of Moscow Oblast has suggested banning mining in Moscow and its surrounding areas to reduce grid strain. Despite being a leading Bitcoin mining hub, Russia is shifting focus to allocate computing resources for artificial intelligence.