The post Crypto Mining Could Be One Of Russia’s Biggest “Hidden Exports”, Kremlin Official Says appeared on BitcoinEthereumNews.com.

Russia is now attempting to treat crypto mining as a rising export as production grows and firms use BTC for trade.   Russia views Bitcoin mining as a major economic tool that helps companies handle trade during global tension.  Officials are now seeing mining revenue as an important part of national activity. They are discussing how this sector supports imports, foreign exchange needs and daily trade. Russia Pushes Bitcoin Mining Toward Formal Economic Status Russia’s government has pointed out the rise of domestic mining and hopes to include it in official economic reports.  Officials argue that digital assets support trade when standard payment routes face pressure. This way, national planners can track how firms settle import bills through BTC when other channels become slower or restricted. Russian companies currently rely on digital payments to handle goods from partners that accept Bitcoin. These flows shape the country’s foreign exchange activity, and officials say this change should appear in state records since the volume now affects trade planning.  Russia considers BTC production a source of value that can help balance transactions during periods of volatility. Economic advisor Maxim Oreshkin calls Bitcoin mining an underrated export. He says miners add value because the coins often circulate abroad even though they exist only on a network.  He also notes that BTC generated inside Russia supports companies that need steady payment routes. This view thus changes the national stance on digital assets and encourages new tracking methods. Russia’s Hashrate Share Rises as Industrial Sites Expand Russia now holds roughly 16% of the global hashrate. This share shows how fast industrial zones across Siberia and the Far East have expanded. Many firms have also placed facilities near regions that offer stable power and cooler temperatures.  These setups reduce energy costs and allow long-running hours. Large mining…

---

Filed under: News - @ December 4, 2025 11:25 pm