Sites are being prepared in Belarus for the construction of cryptocurrency mining farms

In the Mogilev region of Belarus, preparations have begun for the construction of cryptocurrency mining farms. This was reported by the chairman of the regional executive committee Anatoly Isachenko, writes BelTA.

According to the politician, there are suitable sites in the region with sufficient energy capacity. The sites are being prepared for conducting tenders and attracting investors. In 2024, a project to create the first large-scale mining farm with the participation of investors from China has already started in the Krichevsky district. 190 million Belarusian rubles are planned to be allocated for its construction.

The first phase is promised to be completed in 2025.

Previously, President of Belarus Alexander Lukashenko proposed to Energy Minister Alexey Kushnarenko to develop cryptocurrency mining in the country.