Belarus Considers Cryptocurrency Mining

Belarus Considers Cryptocurrency Mining

In a recent discussion, President Aleksandr Lukashenko of Belarus hinted at the nation's potential engagement in cryptocurrency mining. He emphasized that the country could leverage its surplus in electricity to benefit from this digital venture.

Lukashenko, addressing the newly appointed energy minister, Alexei Kushnarenko, expressed interest in the economic possibilities of mining. He stated, "Look at this mining. More and more people are turning to me. If it is profitable for us, let's do it. We have excess electricity. Let them make this cryptocurrency and so on," as reported by the Belarusian news service, Belta.

The President's remarks suggest a growing interest in exploring innovative approaches to utilizing the country's energy resources. This initiative could mark a significant step for Belarus in integrating digital asset production into its energy strategy.