President of Belarus is setting up data center for mining Bitcoin

16 Apr, 2019 | Updated: 17 Apr, 2019
by David Borman
Bitcoin
President of Belarus is setting up data center for mining Bitcoin

It is being reported by Be In Crypto that the president of Belarus, Aleksandr Lukashenko, has promised to his citizens that he will be opening a data center for mining and selling Bitcoin within the nation, a move which apparently many in the nation have been asking for.

Recently, Lukashenko met with representatives of the nations' IT sector to discuss the future of a digital economy and how it could be achieved. As part of this meeting, the president of Belarus announced his intention to open up a massive data processing center just for mining and distributing Bitcoin in the nation. It will be powered by a nearby nuclear power plant.

Lukashenko seems to be submitting to the will of his people. He is quoted in the article:

"You are my children. I’ve created you with my own hands as well as I could. You wanted cryptocurrency, crypto exchanges, crypto mining, and the rest. You wanted to set up the farms… Now you are grown up and can suggest where we move on from here. We are going to move in this direction as effectively and as far as you would like."

It seems Lukashenko also has ordered a review of the necessity of creating a digital economy, and it is expected he will have a final decision by the end of Q2 2019. In any event, it seems like the mining operation will be moving forward.

Could this be a major step towards a larger adoption? Will Belarus stick with Bitcoin or do what many countries/organizations are doing and switch to their own crypto? Stick with Chepicap for all updates!

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Read more about: Bitcoin (BTC) Mining

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