Belarus Introduces Special Electricity Tariff for Miners

Crypto miners are now being classified in the same category as data centers.

AccessTimeIconOct 15, 2021 at 11:23 a.m. UTC
Updated May 11, 2023 at 3:36 p.m. UTC

Belarus has classified crypto miners in the same electricity-tariff grouping as data centers, according to a directive jointly issued by the Ministry of Energy and Ministry of Anti-Monopoly.

  • The directive, issued Sept. 27 and made public on Thursday, adds two groups of customers to the previous rankings.
  • One of those groups is: “Organizations processing data, providing services for information storage and related activities, including mining and data centers.”
  • The group is further divided into five sub-groups, depending on how much electricity they use, from 25 million kilowatt hours to 500 million kWh this year.
  • The directive does not provide prices for electricity, which are defined by other regulating documents.


Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Anna Baydakova

Anna Baydakova was CoinDesk's investigative reporter with a special focus on Eastern Europe and Russia. Anna owns BTC and an NFT.