Belarus President Wants To Mine Bitcoin & Crypto Using Surplus Energy

3 months ago

This week, Belarus’ President Alexander Lukashenko told the country’s Energy Minister Alexei Kushnarenko that helium wants to usage their surplus of energy to excavation cryptocurrency similar Bitcoin to accumulate a reserve.

“Look astatine this mining. More and much radical are turning to me. If it is profitable for us, let’s bash it,” President Lukashenko said. “We person excess electricity. Let them marque this cryptocurrency and truthful on.” 

NEW: 🇧🇾 Belarus President Alexander Lukashenko says if Bitcoin & crypto mining is profitable, "let's bash it."

"We person excess electricity. Let them marque this cryptocurrency and truthful on." pic.twitter.com/rSmqUR5gdn

— Bitcoin Magazine (@BitcoinMagazine) March 5, 2025

President Lukashenko touched connected however the United States is embracing the mining manufacture nether President Donald Trump, and besides creating a strategical reserve of Bitcoin and different cryptocurrencies: “Moreover, you spot the way the satellite is going. And particularly the largest system successful the world. They announced yesterday that they volition support [Bitcoin & cryptocurrency] successful reserve.”

“Therefore, determination volition beryllium request for them. Well, possibly we should bash it ourselves,” Lukashenko continued. “Well, we pull immoderate investors, merchantability them electricity, though I bash not regularisation it out. But we request to bash it ourselves. There are specified proposals. I deliberation that you volition measurement implicit this bureaucracy and study what needs to beryllium done.”

Last summer, President Trump hosted American-based Bitcoin miners astatine his Mar-a-Lago residence to larn and get a amended knowing of the manufacture to champion service them nether what would beryllium his upcoming presidency. Since then, President Trump has repeatedly backed the Bitcoin mining manufacture and championed Bitcoin successful galore different ways, catching the attraction of different satellite leaders similar Lukashenko. Other nation’s leaders are taking notice.

Since President Trump projected the thought of creating a strategical reserve of Bitcoin astatine The Bitcoin Conference successful Nashville past summer, authorities officials astir the satellite person begun proposing authorities for their ain state to follow it arsenic well, and person discussed the imaginable feasibility of adopting one. Now, it is officially happening, aft Trump announced connected his Truth Social transmission that determination volition beryllium a U.S. strategical reserve of BTC.

U.S. Commerce Secretary Howard Lutnick stated contiguous that helium thinks President Trump is going to determination guardant with these plans astatine the White House’s Digital Assets Summit this Friday. As President Trump and the United States proceed to clasp Bitcoin, different nations paying attraction similar Belarus are pursuing suit arsenic federation authorities adoption accelerates.

Nik

Nik

Bitcoiner since 2017. Bitcoin Magazine since 2020. Accumulating Bitcoin for my past name, not my first.

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