Belarus, Bitcoin Mining Eyes, amid the encryption backup plans

The Belarusian President Alexander Lukashenko indicated his interest in mining in the encrypted currency, citing the country’s surplus in the country. Speaking with Energy Minister Alexei Kushnenco, Lukashenko suggested that if mining proves profitable, Belarus should embrace the opportunity.

“More and more people approach me about mining. If that benefits us, let’s do so.” We have excess electricity – let them encrypt mines. “

This statement comes at a time when the United States government explores a national reserve for strategic encryption, which is likely to be Bitcoin (BTC), Ether (ETH), Solana (Sol), Ripple (XRP), and Cardano (ADA). Lukashenko pointed out the White House’s interest, noting that “the world’s largest economy has just announced that it will maintain the encryption reserves. This means that the demand will grow – we may also like it.”

Belarus will not be the first country to benefit from state -backed encryption mining. Bhutan, which benefits from the electrical energy, runs more than 100 MW (MW) of the Bitcoin extraction infrastructure, with plans to expand by 500 megawatts. According to the country, the country has $ 950 million in BTC, according to Arkham Intelligence. Likewise, El Salvador uses the thermal energy to extract bitcoin on a small scale.

Lukashenko’s comments indicate to Belarus, which is likely to enter into the coding mining industry, and benefit from its energy resources to take advantage of the growing global demand for digital assets.