WTI futures were up 1.00% on the day.

On January 3, it was reported that Russians were mining cryptocurrency in their homes and being paid for power outages in Irkutsk. Power outages have become one of the areas where Russia keeps electricity prices the lowest. Subsidies to household electricity have boosted the mining industry income for many residents. The Irkutsk Power Grid Corporation (IESC) explained that the only way to get power is when the equipment is running 24 hours a day. Existing power lines in towns and villages are not designed for power. Constant "industry" created by mining equipment. (Bitcoin News)