Miners.Club: Accelerating the Financialization of Bitcoin Hash Power with Self-Operated Super Mining Farms

In June 2025, the globally leading Bitcoin hash power financial platform Miners.Club officially announced that its BitFinder mining farm, operated by MinerBase, reached a peak operational scale of about 1% of the global Bitcoin network hash power, with a peak share of 4%, becoming the largest and most policy-supported stable operation super-large Bitcoin mining farm in Europe.

The mining farm is independently operated by MinerBase, with a total investment exceeding $300 million, located in the Brest region of Belarus and the Minsk Economic Zone. Currently, over 40,000 Antminer S19 series mining machines have been deployed, generating an annual mining output of over 1200 BTC. In early 2025, the operating team established Miners.Club, responsible for the development of financial products based on mining power. Currently, the Miners.Club application has been launched, providing users with wealth management products supported by real and stable hash power.

Miners.Club founder Siber stated: "The scale, stability, and policy compliance of the mining farm are the foundation for building user trust."

MinerBase Construction Journey: From Wasteland to Global Hash Power Center

The development of MinerBase began in 2019, completing the entire process from project site selection, energy access to equipment deployment with the support of the Belarus Hi-Tech Park.

Key milestones include:

• 2018: Site selection and power supply agreement completed, obtaining long-term industrial electricity indicators

• 2019: Phase one factory and water cooling system completed, first batch of 5,000 mining machines online

• 2021: Phase two mining farm officially powered on, electricity access capacity increased to 200MW, total equipment exceeding 40,000 units

• 2025: Phase three mining farm under construction, expected to add 10,000 S21 mining machines by the end of the year

Belarus Policy Advantages: Legal, Tax-Exempt, Open Regulation

Since 2018, Belarus has established a national-level blockchain industry policy through Presidential Decree No. 8 on "Developing the Digital Economy," covering the legalization and tax exemption policies for activities such as mining, holding, issuing, and exchanging. As a compliant entity registered in the Hi-Tech Park (HTP), MinerBase enjoys:

• Mining profits exempt from value-added tax and corporate income tax

• Support for electricity procurement and equipment import channels

• Continuous regulatory filing and operational exemptions

On March 4, 2025, Belarusian President Alexander Lukashenko issued a notable directive during a government meeting to newly appointed Energy Minister Alexey Kushnarenko: to continue developing the Bitcoin mining industry!

Belarus has one of the lowest electricity costs in Europe, and the energy supply is abundant, providing excellent conditions for Bitcoin mining. Lukashenko's decision is not only part of the national grid modernization plan but also a positive response to global cryptocurrency trends. He specifically mentioned: "You can see the direction of world development, especially in the largest economies. They have already begun to use cryptocurrencies as reserves."

As the first mining operation company to receive compliance approval from all government departments, MinerBase's six years of accident-free super mining farm operation experience has gained high recognition from various local government departments, which will continue to strongly support MinerBase's mining farm construction and operation.

Financial Products Supported by the Mining Farm: HashBank

Supported by the real production capacity of the mining farm, Miners.Club launched the HashBank stable income product:

• Users invest USDT, lock an equivalent amount of MBC, and can receive interest weekly

• Annualized returns can reach up to 35%, distributed weekly, no operation required

• All returns come from the real BTC hash power output of the mining farm, rather than virtual interest rates or secondary market speculation

Miners.Club founder Siber stated: "As the most valuable underlying asset in the cryptocurrency system, the exploration of hash power finance will become the latest value niche for Bitcoin."