In Russia, demand for mining equipment decreased after Central Bank’s report

This trend was noticed by the marketplaces’ representatives

02.02.2022 - 14:15

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1 min

What’s new? Sellers of mining equipment in Russia have noticed a decline in the demand from customers in January 2022. The representatives of domestic marketplaces explain the decline by the publication of the Central Bank of Russia’s report on the ban on cryptocurrencies and mining. This is reported by RBC concerning the interviewed sellers.

Material on the RBC website

What do the equipment sellers say? According to statistics available from RBC’s sources, ads for the sale of ASIC miners were searched for 27% less frequently than in December 2021. At the same time, the number of offers increased by 17% in January. After the publication of the regulator’s report, the demand for the equipment decreased by 18% compared to the week before.

The average check for ASIC miners was 241 830 Russian rubles.

What had happened before? At the end of January, the Central Bank proposed to ban operations with cryptocurrencies in Russia, but the representatives of various departments disagreed with this. The Ministry of Finance, on the contrary, came up with an initiative to create a concept for regulating the cryptocurrency market.

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