Russia Calls Bitcoin Mining an Underrated Export as Production Rises

Russia continues to reshape its digital asset strategy as officials highlight the economic value of Bitcoin mining. The statement marks a major shift in how the country views crypto activity within its national economic framework. Russian firms now use Bitcoin for payments, imports, and foreign exchange needs. This trend strengthens the role of digital assets in national trade flows.

The Russian government now focuses on how this sector expands during global uncertainty. Officials argue that the country should recognise crypto activities as part of official economic reporting. This change reflects how Russia adapts to sanctions, limited access to global payment systems, and rising interest in alternative settlement tools. Bitcoin mining sits at the center of this shift and grows fast.

Maxim Oreshkin, economic advisor to the Kremlin, describes Bitcoin mining as an “underrated export” that adds value to Russia’s economy. He believes the industry deserves official tracking because mining firms generate digital assets that can support imports and balance foreign transactions. Russia’s political and economic environment pushes companies to explore new channels, and Bitcoin fills that gap.

🇷🇺RUSSIA CALLS BTC MINING AN “UNDERRATED EXPORT”

Oreshkin says crypto should be added to national accounts as firms use $BTC for imports and FX. Russia now holds 16% of global hashrate, mining ~35K BTC this year. pic.twitter.com/mqNl7Qckic

— Coin Bureau (@coinbureau) December 4, 2025

Russia’s Growing Hashrate Share Strengthens Its Global Position

Russia now holds roughly 16% of the global hashrate, and this number highlights the country’s expanding role in global mining. The rise in activity reflects investment in hardware, energy infrastructure, and large-scale industrial sites across key regions. Many companies build operations near cheap power sources to increase efficiency. These setups give Russia a stronger foothold in digital asset production.

The global hashrate continues to increase as new miners enter the market. Russia uses this shift to gain influence in global mining conversations. Large mining zones in Siberia and the Far East allow firms to scale with low energy costs. This trend supports stronger growth in the Russia crypto economy, which depends on industrial tools and energy planning.

Russia also benefits from climate conditions that allow miners to use natural cooling methods. Firms reduce costs and maintain stable operations even during market volatility. These advantages help Russia produce thousands of bitcoins each month and attract more international attention toward its mining sector.

Russia’s Mining Output Climbs as Bitcoin Demand Rises

Reports show that Russia mined nearly 35,000 BTC this year, marking one of its highest production levels. This growth shows how fast the national mining sector expands. Industrial players build new facilities that support larger operations and more secure digital infrastructure. The rising output also boosts Russia’s presence in global conversations about mining competitiveness.

Local firms scale operations with better hardware and renewable power sources. Many adopt advanced cooling technology to increase efficiency. This growth improves the country’s capacity to handle competition from the United States, Kazakhstan, and China. Mining like this supports more activity inside the Russia crypto economy.

Officials see this rise as an opportunity to build stronger economic links with crypto-friendly nations. They plan to use Bitcoin mining to support stable digital flows in a shifting geopolitical landscape. This strategy pushes Russia to claim a bigger share of the digital economy.

Final Thoughts

Russia positions Bitcoin mining as a strategic tool for trade, innovation, and foreign exchange. Rising hashrate, growing output, and increased use of BTC for imports strengthen the country’s digital economy. As Russia moves toward formal recognition of crypto in national accounts, the sector gains influence across policy and commerce.