JUST IN: China CUTS Russia's Power Cord—Crypto Mining Crisis Escalates ⚡
China has FULLY STOPPED all electricity imports from Russia as of January 1, 2026, according to Kommersant sources confirmed today.This isn't just a policy shift—it's a complete reversal of the energy relationship that's hitting Russian crypto mining hard.
Here's why traders should care:
🔴 Russia's Far East is in severe energy deficit, partly due to crypto mining draining 14% more power since 2022
🔴 China—once Russia's biggest electricity customer—is now being asked to EXPORT power back to Moscow
🔴 Russian mining farms face regional bans & 2030 grid lockout as resources exhaust
Market implications:
- Energy token volatility likely as this disrupts mining economics
- Russian hashrate could plunge 30%+ if power crisis deepens
- LNG & renewables may rally as China diversifies faster
The same country that banned mining in 2021 (pushing rigs to Russia) just pulled the plug on Russia's power grid. Plot twist of the decade.
What's your move? This could reshape global mining dynamics before Q2.
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