It's that quiet late December period for tech news. Still, along with our usual tech retrospectives in 2024, the Russian government is cracking down on cryptocurrencies and the final seasons of the hit Netflix phenomenon are on the way.
First, according to reports from the state-run Tass news agency, the Russian government banned crypto mining in ten regions for six years. Russia has cited the industry's high energy consumption rates as the main reason behind the ban. crypto mining operations already account for nearly 2.5 percent of energy use in the United States. The Russian ban comes into effect on January 1 and lasts until March 15, 2031. The currency has only been fully legal in Russia since November.
-Mat Smith
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