Catenaa, Saturday, March 22, 2025 – Russian cryptocurrency miners are increasingly shifting their focus to Dogecoin (DOGE) and other altcoins, with Bitcoin (BTC) losing some dominance in the sector, according to a prominent lawmaker.
Anton Gorelkin, deputy head of the State Duma’s Committee on Information Policy, cited data from a blockchain technology commission meeting, stating that 8.4% of Russian miners are now mining DOGE. Bitcoin remains the most mined cryptocurrency at 49.4%, followed by Litecoin (LTC) at 11.1%.
The claims contrast with a recent report from Russian tech firm MTS, which stated that Bitcoin accounts for 90% of the country’s industrial mining output. MTS also noted that Litecoin, Ethereum (ETH), Monero (XMR), and Kaspa (KAS) are among the preferred alternatives.
Gorelkin also addressed Russia’s efforts to regulate and tax the mining industry. A law enacted last year requires large-scale miners to register with the Federal Tax Service (FTS). The first tax declarations are due in April, with expected revenues of up to $704 million annually.
Despite government oversight, illegal mining remains widespread, particularly in Siberia, where power consumption linked to mining continues to rise. Meanwhile, neighboring Belarus has announced plans to accelerate its own crypto mining development.
