Belarus president Lukashenko promotes about the national crypto mining plan following Trump reserve plans
The President of Belarus, Aleksandr Lukashenko, raised the possibility yesterday that the Eastern European country could begin to begin mining cryptocurrencies.
“Look at this mining. Many and many people come back to me. If it earns it for us, let’s do it. We have so much electricity. Let them do this cryptocurrency and so on,” Lukashenko told Alexei Kushnarenko, the country’s new Minister of Energy, according to the country Belarusian Belta Media Outlet.
The news came while the US government was studying the possibility of creation A national strategic crypto reserves that can include cryptocurrencies such as Bitcoin (BTC), Ether (Ether), Solana (Sol), Ripple (XRP) and Cardano (ADA).
Lukashenko mentioned the interest of the White House in Crypto. “You see the path that goes to the world. And especially the world’s largest economy. They announced yesterday that they (a crypto) reserve,” he said.
“Therefore, there will be demand for them. Well, maybe we should do it ourselves,” Lukashenko said.
Belarus is not the first country to mine cryptocurrencies. The Kingdom of Bhutan, with the abundance of hydropower, has more than 100 megawatts (MW) of running Bitcoin Mining Infrastructure and is set to obtain another 500mw worth of power online. The country at present Holding $ 950 million in Bitcoin, according to Arkham Intelligence
El Salvador, for its part, uses geothermal energy in the bitcoin mine, even in smaller quantities.
Denial: The information in this article is translated using Google Translate from a foreign language source.
