The President of Belarus requests the development of encryption mining

The President of Belarus, Alexander Lukashenko, instructed him to the Minister of Energy to start developing the coded currency mining industry in the country, indicating an increasing intention to generate additional revenue flows from the country’s extra power supply.

According to a report on March 4 by local media PeltaPresident Lukashenko issued the instructions of the newly appointed Energy Minister, Alexei Kushnarinco.

“Look at this mining,” Lukashenko said, according to a translated version of the report. “If it is profitable for us, let us do it. We have excess electricity. Let them make this cryptocurrency, etc.”.

The head of state from the United States, who pledged to become the capital of encryption in the world after President Donald Trump was elected. This includes creation National encryption reserves Monopolic of Bitcoin (BTC), Al -Atheer (Eth) And other altcoins.

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“[Y]O you see the path in which the world is going. Especially the largest economy in the world. They announced yesterday that they will remain [cryptocurrency] In the reserve, Lukashenko said.

The decision to investigate the encryption mining was announced shortly after the formation of Lukashenko from his new government, as it gave priority to renewing the 5700 km energy network in the country.

“The most important thing is to upgrade the energy network infrastructure, taking into account the increasing demand for electricity from families and economics,” Lukashenko said.

Exaggeration of encryption in 2025

Despite the coded currency mining remains Generally profitable in 2025Industry margins are pressed with energy costs, hardware efficiency and regulations. Market conditions also play a role because the continuous decrease in the value of the mineral currencies can negatively affect profitability.

Belarus is famous for cheap energy costs compared to the rest of Europe. According to a Belarusian government sourcesBelarus is among three countries in Europe at reasonable prices for electricity prices.

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Cheap and Wafir Energy raised the interest of miners in encryption and the Ministry of Energy. He said In December.

Government officials have already had initial consultations with investors who view Belarus as a possible mining center, according to former Deputy Energy Minister Dennis Moroz.

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