Katayev said that Russia’s cumulative crypto mining capacity currently stands at 2.7 GW. But the official added that domestic miners want to expand the size of their network “by 2.5 times.” The executive explained:

“[Russian mining-firm run] data processing centers use 2.7 GW of power. Another 6.9 GW is preparing to come online.”

Of that number, Katayev added, data centers with 2.5 GW of power “already have the technical conditions in place” for grid “connection.”

The official was speaking at a meeting of the Russian Union of Industrialists and Entrepreneurs’ Electric Power Commission.