Belarus’ Energy Ministry explores cryptocurrency mining possibilities
<p> MINSK, Feb 26 - PrimePress. The Energy Ministry of Belarus is considering of mining cryptocurrencies, Energy Minister Viktor Karankevich, is quoted as saying by the ministry’s Telegram channel. </p> <p> </p> <p> “This is a new area for us. This is interesting, but a detailed, comprehensive study, including an assessment of possible risks associated with this type of activity, is required first. We are working on this,” said Karankevich. </p> <p> </p> <p> He cited the experience of China, which is the world’s leader in bitcoin mining, and hosts the biggest number of mining pools. Mining farms are also on the rise in the United States, Canada, Russia and other countries. </p> <p> </p> <p> As previously reported, President of Belarus Alexander Lukashenko said that electricity that will generated by the Belarusian nuclear power plant (Astravyets District, Grodno Oblast) would be useful for mining bitcoins, as the country would have a surplus of electricity after the NPP commissioning. </p> <p> </p> <p> Belarus’ first nuclear power plant in Ostrovets (a town in the Grodno Oblast also referred to as Astravyets) will have two units with a combined capacity of up to 2,400 megawatts. The AES-2006 Russian standard design of (generation 3+) was chosen for its construction. Rosatom’s division Atomstroyexport acts as the general contractor for the NPP construction. The Belarusian Nuclear Power Plant RUE is the project customer and the future operator of the NPP. The ceremony of the official launch of the NPP took place in early November 2020. According to presidential decree No.447 of November 30, 2020, the first power unit of the NPP will be put into commercial operation in 2021, the second power unit – in the first half of 2022. End </p>
2021-02-27
Primepress
Belarus’ Energy Ministry explores cryptocurrency mining possibilities
MINSK, Feb 26 - PrimePress. The Energy Ministry of Belarus is considering of mining cryptocurrencies, Energy Minister Viktor Karankevich, is quoted as saying by the ministry’s Telegram channel.
“This is a new area for us. This is interesting, but a detailed, comprehensive study, including an assessment of possible risks associated with this type of activity, is required first. We are working on this,” said Karankevich.
He cited the experience of China, which is the world’s leader in bitcoin mining, and hosts the biggest number of mining pools. Mining farms are also on the rise in the United States, Canada, Russia and other countries.
As previously reported, President of Belarus Alexander Lukashenko said that electricity that will generated by the Belarusian nuclear power plant (Astravyets District, Grodno Oblast) would be useful for mining bitcoins, as the country would have a surplus of electricity after the NPP commissioning.
Belarus’ first nuclear power plant in Ostrovets (a town in the Grodno Oblast also referred to as Astravyets) will have two units with a combined capacity of up to 2,400 megawatts. The AES-2006 Russian standard design of (generation 3+) was chosen for its construction. Rosatom’s division Atomstroyexport acts as the general contractor for the NPP construction. The Belarusian Nuclear Power Plant RUE is the project customer and the future operator of the NPP. The ceremony of the official launch of the NPP took place in early November 2020. According to presidential decree No.447 of November 30, 2020, the first power unit of the NPP will be put into commercial operation in 2021, the second power unit – in the first half of 2022. End