
BITCOIN SEASON 2: Inside Russia's Secret Bitcoin Mining Industry
By CoinDesk
Aired Nov 5, 2025 · 29m · Last boosted Nov 5, 2025
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Show Notes
Anna Baydakova discusses Russia's dramatic shift toward Bitcoin, covering mining legalization, the crypto exodus, sanctions impact, and how Russians use Bitcoin to survive economic isolation and preserve wealth amid political repression. Anna Baydakova, Senior Reporter at CoinDesk joins us to talk about Russia's complex relationship with Bitcoin. From Putin's surprising embrace of crypto mining to the grey market of mining rig distribution, Anna reveals how sanctions transformed Russia's crypto landscape. We explore Siberian mining operations and why Russians increasingly turn to Bitcoin as both protest and preservation against an authoritarian regime. Link to...
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