Belarus Looking Into Crypto Mining Following Trump's Reserve Plans

The President of Belarus, Aleksandr Lukashenko, suggested yesterday that the Eastern European country might explore the option of engaging in cryptocurrency mining. "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," Lukashenko informed Alexei Kushnarenko, the nation's new minister of energy, as reported by Belarusian media outlet Belta. The development coincides with the U.S. government's contemplation of establishing a national strategic crypto reserve that could encompass cryptocurrencies like bitcoin (BTC), ether (ETH), solana (SOL), ripple (XRP), and cardano (ADA). Lukashenko referenced the White House's interest in crypto, stating, "You see the path the world is going. And especially the largest economy in the world. They announced yesterday that they will keep [a crypto] reserve." "Therefore, there will be demand for them. Well, maybe we should do it ourselves," Lukashenko pondered. Belarus wouldn't be the pioneering nation in cryptocurrency mining. The Kingdom of Bhutan, leveraging its abundant hydropower, already operates over 100 megawatts (MW) of bitcoin mining infrastructure and is gearing up to add another 500MW of power capacity. Presently, the country holds $950 million in bitcoin, as per Arkham Intelligence. On the other hand, El Salvador uses geothermal energy for bitcoin mining, albeit on a smaller scale. Disclaimer: The content in this post was translated from a foreign language source using Google Translate. [Image: President of Belarus Aleksandr Lukashenko] [Video: Watch the President's speech on cryptocurrency mining]