15/04/19 08:07 UTC-4

Lukashenko intends to mine Bitcoin: President of Belarus told where to build a data center

Data Center from the President of Belarus. Lukashenko intends to mine Bitcoin
Data Center from the President of Belarus. Lukashenko intends to mine Bitcoin

On April 14, the President of Belarus, Alexander Lukashenko, during a meeting with employees of the High-Tech Park, announced that he intends to build a large data center and mine Bitcoin next to the new Belarusian nuclear power plant.

Interesting in the section: Ufasoft Miner mining-application – a solution for advanced users


Lukashenko and Bitcoin: mining

Alexander Lukashenko, the current president of Belarus, announced his intention to mine cryptocurrency. During a meeting with IT specialists of the "High-Tech Park", Lukashenko said that he would build a huge data center for Bitcoin miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
next to the Belarusian nuclear power plant, which will be fully operational by 2020.

After his statement, he also added that he had long been intending to fully support the digital financial industry, and in particular cryptocurrency. According to Lukashenko’s statement, he had long since chosen a place for the future of the data center and was confident that cryptocurrency was beneficial.

"I even specially left a place there! Let's build farms and mine this Bitcoin (...) If there is Bitcoin, you can always sell it" – Alexander Lukashenko.

Lukashenko announced his intention to mine Bitcoin, and also told where to build a data center. Recall that not all politicians are so friendly to the cryptocurrency industry. For example, the first deputy chairman of the Russian State Duma Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship, Nikolay Arefyev, said on April 11 that he would like to ban cryptocurrency (namely Bitcoin) worldwide, as speculation.

Editor: Pereyidenko Ihor

See also: "Chinese lawmakers are going to ban mining cryptocurrency at the state level"

#Belarus #Lukashenko #datacenter #mining #Bitcoin #HighTechPark #cryptocurrency #mining #cryptofarm



20/02/19 07:28 UTC-4

Mining: Hashflare service failure

​On the morning of February 20, the site of the Hashflare service stopped responding and resumed work only for the dinner of the same day. Reasons for missing access to the site are not yet known.

19/02/19 06:00 UTC-4

Difficult times for Bitmain: new loss information

​Representatives of the Bitmain cryptocurrency company reported that in the third quarter of 2018 they lost more than $ 500 million due to the fall in the crypto-market and active sales of digital assets, as reported by Coin Desk.

Hypes, funds, fiat money