Russia and Belarus to adopt differentiated rates for crypto-mining activities

Russia and Belarus to adopt differentiated rates for crypto-mining activities

Cryptocurrency miners in Belarus and Russia will now be subjected to higher electricity tariffs. The governments in these countries are taking steps to segregate cryptocurrency miners from other power consuming groups. As a result, subsidized power would be denied to these groups. This will lead to the adoption of differentiated electricity rates for entities engaged … Read more

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners – Mining Bitcoin News

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners

Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy … Read more