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‘We have excess electricity’: Belarus president orders development of crypto mining

cryptoweekly by cryptoweekly
March 4, 2025
in bitcoin, News
0

After forming a new government, Alexander Lukashenko has prioritized boosting Belarus’ energy grid and using excess power to mine cryptocurrency.

Belarus President Alexander Lukashenko has instructed his energy minister to begin developing the country’s cryptocurrency mining industry, signaling a growing intent to generate additional revenue streams from the country’s excess energy supplies. 

According to a March 4 report by local media outlet BelTA, President Lukashenko passed on the instructions to the newly appointed minister of energy, Alexei Kushnarenko.

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

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  • Norwegian crypto firm K33 raising more funds to buy up to 1,000 BTC
  • GENIUS Act passage paves way for institutional stablecoin use
  • 3iQ launches XRP ETF on Toronto Stock Exchange with Ripple as investor
  • Pudgy Penguins debuts play-to-win game on TON
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  • Chinese Bitcoin ASIC makers to begin US production amid tariff pressure
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