2025-12-04 04:19:30

There’s been some interesting news lately—Russia has started including crypto assets in its balance of payments. Their economic advisor, Maxim Oreshkin, directly stated that Bitcoin mining has been seriously underestimated and has now become a kind of invisible export project.

So how does it work? Local companies mine coins and use them directly for cross-border payments to buy imported goods, or sell the coins for foreign currency. This whole process has a real impact on their foreign exchange market. According to some mining data platforms, Russia’s share of global hash rate is already significant.

In short, mining is gradually moving from a gray area to becoming more official, and it’s even influencing a country’s foreign exchange flows. This move has posed a new challenge for regulators around the world—how exactly should digital assets be incorporated into the traditional financial system?

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ForkTongue

· 12-07 04:18

Russia has really woken up this time, using mining for exports, and the forex game rules are about to change. --- Damn, this is truly a game changer. Turning gray into legit and helping the country earn foreign exchange—so impressive. --- Wait, does this mean the traditional financial logic has to be rewritten? Crypto wins again? --- Feels like every country is doing this under the table, but only Russia dares to say it out loud. --- Suddenly I understand why the US is so eager to sanction crypto—afraid of being copied, that's all. --- If our country started doing this too, wouldn’t our foreign reserves more than double? --- Mining is moving from underground to mainstream. What a twist—regulators must be spinning their heads. --- Haha, Russia: I just won’t use your SWIFT, I’ll build my own crypto ecosystem. --- Even economists are starting to support mining now. The status of crypto is really being rewritten.

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MetaverseLandlord

· 12-05 17:44

Bro, Russia’s move this time is truly impressive—they’re even turning mining into a national-level foreign exchange game. Wait a minute, isn’t this basically just printing money in disguise? Except they’re using graphics cards. They really managed to legitimize what used to be gray market activities. Now the regulators are going to have a headache. Damn, if this continues, every country will have to follow suit, or else they’ll get left behind. Honestly, it looks like the traditional financial system just can’t contain this stuff anymore. By the way, Russia really dares to do it—just putting it straight onto the ledger. What about other countries? I get the logic, but it feels pretty risky, haha. Turning hash power into foreign exchange—this combination is pretty ruthless.

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FantasyGuardian

· 12-04 04:49

This move by Russia is pretty impressive; it feels like they're setting an example for regulators worldwide. Mining is shifting from underground to legitimate—this is real game-changing stuff. By the way, what do people in our country think about this? As always, whoever incorporates crypto into their national strategy first will be the winner. Now the central banks of various countries probably won't be able to sit still, haha. Miners must be secretly delighted—they finally don't have to hide anymore. Who would've thought the breakthrough in foreign exchange would come from here? Wait, does this mean mining could really become a mainstream export? Russia's move is ruthless—they're directly including crypto on the national balance sheet. Regulators must have a headache now; digital assets have truly become a major issue this time.

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GateUser-e51e87c7

· 12-04 04:48

Damn, Russia's move is brilliant—they've directly made mining a national policy and a source of foreign exchange. This is a real game changer. While everyone else is still struggling with crypto compliance, they've already embedded mining into their macroeconomy? That's ruthless. Turning mining from a gray area into something legitimate is just another way for major powers to play the game. Anyone who tries to mess with it is messing with the economic lifeline. Russia's move has created a real headache for global regulators. How is the traditional financial system supposed to digest this? Seriously, if you can integrate BTC mining into the national ledger, your algorithms have to be hardcore. Regulators really need to think this through—digital assets have long since outgrown their existing frameworks. Cheap energy boosts computing power; Russia's geographical advantages are finally coming into play. They should have done this sooner. Industrializing and financializing mining is the trend—whoever seizes it wins. Other countries should really reflect on this. They're treating crypto like real gold and silver, while we're still at the speculation stage. The mindset is completely different.

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SandwichTrader

· 12-04 04:48

Oh wow, Russia really pulled off a masterstroke here—mining is now a diplomatic tool? Damn, this is the real gray turning white. The regulators must have a headache now. To be honest, Bitcoin mining has been underestimated for way too long—someone should have pointed this out earlier. Are the big powers now taking their games on-chain, bro? Now central banks around the world really can't just sit back and watch mining anymore, haha. Russia's hashrate is this strong? How come I never heard about it before? Even foreign exchange flows are being affected by crypto prices—this is truly a new era of financial warfare. The traditional financial system can't keep up anymore, serves them right. But if the US starts paying attention to this, things are going to get really interesting. Honestly, any country capable of mining should have done this a long time ago. How is this being "underestimated"? It's clearly a strategic move.

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MetamaskMechanic

· 12-04 04:46

This move by Russia is really ruthless—mining is now directly on the national ledger. Now the regulators have to start taking it seriously. That said, when will other countries start doing the same? The forex market would be in chaos by then. Mining is moving from underground to being above board—it feels like the entire game’s rules are about to change. This is what they call institutional innovation, right? Using wallets and computing power to break the old international balance of payments system. That's something. Wait, but will the cost of compliant mining skyrocket? How will small miners survive?

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DaoTherapy

· 12-04 04:45

Russia is putting mining directly on the table this time, that's pretty bold. Now the regulators can't just sit back. Mining is moving from an underground operation to a legitimate industry. Feels like every country should learn how to play this game. Honestly, whoever incorporates crypto into their foreign exchange system first wins this round. This is real macro hedging, not those flashy derivatives. Russia played this move brilliantly, directly monetizing its energy advantage—absolutely impressive.

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GateUser-ccc36bc5

· 12-04 04:41

Russia is really going all in with this move, directly including mining into the foreign exchange system? The regulators are going to have a headache now. Oh my, mining is going from a black/gray area straight to being legitimate. This really feels like a major move. Come to think of it, if every country did this, would BTC really become a quasi-legal payment tool? Wait a minute, doesn't this kind of approach indirectly acknowledge the value of crypto? That's something. Honestly, Russia is taking a big gamble with this move, but it really does hit the pain points of traditional finance.

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GasFeeCrier

· 12-04 04:41

Damn, Russia is straight up making mining a national policy? Should’ve done this a long time ago. --- Mining going from underground to legit, this happened faster than I thought, seriously. --- Wait, isn’t this basically arbitrage in disguise? Smart move. --- No wonder the crypto space has been so hot lately, national-level recognition really is different. --- By the way, when will we be able to do this domestically? Never mind, can’t even think about it. --- From hidden exports to foreign exchange flows, the logic chain is actually pretty tight, not gonna lie. --- Russia really made a bold move here, directly legalizing digital assets. --- Traditional financial systems are about to take a hit, it’s an inevitable trend. --- Kind of don’t get it, why specifically emphasize Russia, aren’t other countries mining too? --- Regulators must have a real headache now, it’s hard to fit digital assets into the books.

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