Although it is a small European country, Belarus (Belarus), which draws attention with its attitude towards cryptocurrencies, announced that it has taken a remarkable decision. In a joint statement made by the Ministry of Energy and the Ministry of Anti-Monopoly, it was stated that a new electricity tariff will be applied for cryptocurrency miners in the country. According to the statements made, miners in Belarus will now be billed at the same electricity tariff as data centers.
According to the legal regulation prepared by the government, miners and data centers will be divided into some groups within themselves. In this context; Miners, who consume at rates ranging from 25 million kilowatts to 500 million kilowatts per hour, will find a place for themselves in one of the groups that will be divided into 5 in total.
Miners supported in Belarus
Belarus is one of the countries that welcomes cryptocurrencies and supports mining. The decision on the electricity bill tariff is one of the clearest indicators of this. Making a statement on the subject in the past, Belarusian President Alexander Lukashenko said, “There are many abandoned industrial facilities here. Many business lines related to energy and electricity can be created. Do something about electricity. Finally, whatever it is called, mining cryptocurrency. “There is enough electricity in this country. You can do this with the surplus of electricity you use.”
It must be said that the decision taken for the miners in Belarus is important. Because it is known by everyone that governments are against cryptocurrencies. Considering that countries like China ban both mining and cryptocurrency trading, it seems that such decisions may even return as big investments in Belarus.
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