Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Lukashenko invites crypto mining companies to escape dependence on the dollar.

robot
Abstract generation in progress

At the meeting on November 14 in Minsk, Belarusian President Aleksandr Lukashenko stated that cryptocurrency could be one of the options to help the world fall dependent on the dollar. He spoke in the context of Belarus evaluating the effectiveness of the Belarusian nuclear power plant, increasing electricity demand, and plans to expand new nuclear capacity.

The President requested a report on measures to promote electricity consumption and the development direction of the electricity sector. He cited examples of cryptocurrency mining, electric transportation, and building homes that use electricity entirely as fields that can make good use of the existing energy resources.

Lukashenko admits that cryptocurrency mining can be volatile but believes this is an acceptable risk, especially as the world is looking to reduce dependence on a single currency.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)