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Russian Bitcoin miners worry new mining registry could lead to security breaches

Russian Bitcoin miners worry new mining registry could lead to security breaches

CointimeCointime2025/02/08 03:48
By:Cointime

According to a report by Cryptoslate, Russian Bitcoin miners are concerned about the government's requirement to include wallet addresses in the national registry. Russian lawmaker Anton Gorelkin highlighted these concerns in a Telegram post on February 7th and warned that geopolitical opponents could use leaked addresses. He described a scenario where this could be a significant threat because sanctions could seriously affect mining operations.

According to him: "Russian miners are concerned about the security of highly sensitive data (such as encrypted wallet numbers) collected by the state under the new regulations... It is clear that the leakage of wallet information could be a great gift for our geopolitical opponents."

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