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Belarus eyes crypto mining to use surplus energy

Mar, 05, 2025 Hi-network.com

Belarusian President Aleksandr Lukashenko has urged officials to strengthen the country's energy infrastructure and consider cryptocurrency mining to utilise surplus electricity.

Addressing newly appointed Energy Minister Aleksei Kushnarenko, he highlighted the need to upgrade 5,700km of power networks essential for homes and electric vehicles. While high-voltage systems are stable, weaker areas require reinforcement to prevent outages like those in the Gomel Region.

Belarus has been exploring crypto mining for years, with Energy Minister Viktor Karankevich confirming in 2021 that a feasibility study was conducted.

Lukashenko wants to accelerate these efforts, citing global demand for digital assets and the country's potential to attract investors or establish state-backed mining operations. Officials have been given responsibility for streamlining regulations and presenting concrete plans.

Alongside crypto mining, Lukashenko promotes increased electricity use for heating and hot water, supported by plans for a second nuclear power plant.

He sees this as a long-term strategy to ensure energy reliability and economic growth, positioning Belarus as a key player in the digital asset space and sustainable energy development.

tag-icon Etiquetas calientes: criptomonedas Cadena de bloques económico

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