Will Belarus Lure Crypto Miners Amid Sanctions, Russia-Ukraine War?

While the Belarussian power grid, inherited from the USSR., has depreciated, its condition is not as critical as those in Kazakhstsan or Kosovo, BiXBiT’s Klentsov said. Theoretically, if there is a huge jump in new mining sites, blackouts could occur, he acknowledged. But the government is working with energy producers and distributors to estimate the grid load before granting mining licenses to avoid an electricity crunch, he said. Given that it is unlikely a huge number of miners will migrate overnight, the grid can withstand the power demand from miners, Klentsov said.

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