Russia's New Proposal: Miners Can Mine, But No Rewards?

So, Russia's thinking about letting miners operate legally but banning them from keeping any rewards. Sounds absurd right?

Yeah, it’s like saying you can work, but zero pay. They'll regret it when miners just relocate.

Exactly. They can’t track all the miners. If they try, those guys will just shift their operations to friendlier countries.

It's simple to find small-time miners though. Just look at energy usage stats. If someone’s operating a machine that consumes as much as an entire neighborhood, they’ll stand out.

But isn't it true that smaller miners usually just get a share from pools? They don’t get direct rewards, just fractions.

Good point. Even if they find small miners, they can’t really enforce payments. Just fake a Russian wallet address.

The whole thing feels like a setup for the government. They want money from miners without caring about the consequences.

Right, like they’re trying to force a cut on profits. Cheap electricity means mining is profitable in Russia, they can’t just kill that.

It's a total power grab. The government wants that cash flow without giving miners a fair shot.

I think it’s all about pushing their own coin, like Petro. But who even trusts a coin backed by oil?

Seriously? That coin’s basically dead already, why would they even try to promote it?

The usage stats are horrifying too. Only a tiny fraction of transactions happen each day. There’s no real demand for Petro.

It’s wild. Even if they market it well, how can you trust a coin with so few users?

If only 1.5% of the population even cares about crypto, then why create all this fuss? The government has bigger issues, like the economy.

Exactly, so many more pressing problems than chasing after miners. It seems like a waste of resources.

Wouldn't be surprised if they just wanted to limit their competition, classic Russia. Take out the small players.

Yup, they get rid of competition by making the rules so burdensome that it’s impossible to operate.

It’s all about the officials wanting a cut. It’s like legal theft under the guise of regulation.

And it’s not only miners. Businesses face this all the time here. They’ll plant regulations to squeeze out rivals.

True, but honestly, where’s the accountability? People just game the system.