🇧🇾 Belarus is ready to direct excess electricity to cryptocurrency mining

President of Belarus Alexander Lukashenko has announced plans to use the country's surplus electricity for cryptocurrency mining.

💬 Key statements:

🔹 Belarus has surplus capacity following the launch of the Belarusian Nuclear Power Plant (BelAES).

🔹 Instead of exporting electricity to neighboring countries, the authorities are considering using it for mining.

🔹 Belarus has already legalized mining and is looking into expanding this sector.

📈 How will this affect the market?

✅ Increased mining capacity may lower the cost of mining $BTC .

✅ Additional capacity in the region will aid in further decentralization of the network.

✅ There may be competition with Russia and Kazakhstan, which are already actively developing the mining industry.

#bitcoin #crypto #Mining #Belarus #Blockchain #CryptoNewss