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Russia is set to introduce a 'take-or-pay' electricity payment model for large-scale crypto mining and data centers by 2027. Proposed by Deputy Prime Minister Alexander Novak, it targets facilities with a power capacity of 670 kW or more.

Operators would be required to pay for up to 90% of their declared capacity, shifting from a pay-per-use model. The Ministry of Energy claims this could limit unnecessary infrastructure development and control tariff growth for other consumers.

However, the proposal faces criticism for potentially raising operational costs significantly and conflicting with existing regulations. Industry experts warn that this could slow mining farm expansion and shift operators to self-generated power in remote areas.