According to Internet reports, according to Cryptonews, the Russian Ministry of Energy has begun to compile a national cryptocurrency mining equipment registration system to combat illegal mining activities and increase tax revenue. The registration system will serve as the central database of all equipment used in cryptocurrency mining across the country and will be developed by the Department of Energy in conjunction with the Federal Revenue Service and the Department of Digital Development. Russian Deputy Energy Minister Petr Konyushenko said the system will help authorities "accurately identify" who is using electricity for cryptocurrency mining, ensure miners comply with relevant laws and increase taxes.