Russian analysts predict that increasing regulatory pressures, tax burdens, and energy costs in countries like the U.S. and Kazakhstan may lead to a new migration of crypto miners. As a result, Russia has the potential to occupy up to 18% of the global bitcoin hashrate. According to Intelion Data Systems, a major Russian importer and distributor of mining hardware, Russia's share in the Bitcoin hashrate could potentially reach 18%. The toughening of policies towards the sector in leading countries could spark another major migration of miners, similar to the one that followed China's crackdown on the sector in 2021.