President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency mining.
Lukashenko Calls on Belarusian Workers to Build Mining Farms, Not Work at Foreign Farms
During a meeting at the state-owned enterprise JSC Belaruskali, one of the world’s largest producers of potash fertilizers, Belarusian President Alexander Lukashenko urged employees to use the available surplus electricity to mine cryptocurrency. The head of state also remarked that Belarusian workers are not wanted abroad, except for farming jobs.
“We must understand, they are not waiting for us anywhere. And if someone is, it may be on the plantations,” Lukashenko warned in a video posted by the Пул Первого Telegram channel. His speech was quoted by Forklog and the Russian business news portal RBC. Lukashenko said that guest workers are “squirming” in the strawberry farms of Poland and Germany.
The Belarusian leader visited Pietrykaw, a town in the southern Gomel region, where he also attended the opening ceremony of a mining and processing plant. In his address, the president pointed out that the area has a lot of empty industrial sites and called on his audience to use the available space and abundant energy to build greenhouses, for example. He then added:
Create something on electricity. In the end, start mining cryptocurrency or whatever it’s called. There is enough electricity in the country.
Belarus legalized crypto-related business activities, including mining, with a presidential decree that went into force in March 2018. In April 2019, Alexander Lukashenko suggested that bitcoin farms could be built at the nuclear power plant in Grodno region on the Lithuanian border to utilize the surplus electrical energy produced by the NPP.
In November last year, the country’s largest banking institution, Belarusbank, launched a service allowing users to buy and sell digital currencies with a Visa card. However, during a meeting with senior government officials in March this year, the Belarusian president hinted at tightening the regulatory framework to control the usage of cryptocurrencies, citing as an example China’s experience in the building of a digital society.
Do you think the government in Minsk will actively facilitate the development of the crypto mining industry in Belarus? Tell us in the comments section below.
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President Alexander Lukashenko has suggested employees to remain of their residence nation as an alternative of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian chief pointed to another supply of revenue, noting there’s sufficient electrical energy in Belarus to energy cryptocurrency mining.
Lukashenko Calls on Belarusian Staff to Construct Mining Farms, Not Work at International Farms
Throughout a gathering on the state-owned enterprise JSC Belaruskali, one of many world’s largest producers of potash fertilizers, Belarusian President Alexander Lukashenko urged staff to make use of the obtainable surplus electrical energy to mine cryptocurrency. The top of state additionally remarked that Belarusian employees usually are not wished overseas, aside from farming jobs.
“We should perceive, they aren’t ready for us wherever. And if somebody is, it could be on the plantations,” Lukashenko warned in a video posted by the Пул Первого Telegram channel. His speech was quoted by Forklog and the Russian enterprise information portal RBC. Lukashenko mentioned that visitor employees are “squirming” within the strawberry farms of Poland and Germany.
The Belarusian chief visited Pietrykaw, a city within the southern Gomel area, the place he additionally attended the opening ceremony of a mining and processing plant. In his handle, the president identified that the realm has numerous empty industrial websites and referred to as on his viewers to make use of the obtainable house and ample vitality to construct greenhouses, for instance. He then added:
Create one thing on electrical energy. In the long run, begin mining cryptocurrency or no matter it’s referred to as. There may be sufficient electrical energy within the nation.
Belarus legalized crypto-related enterprise actions, together with mining, with a presidential decree that went into power in March 2018. In April 2019, Alexander Lukashenko instructed that bitcoin farms could possibly be constructed on the nuclear energy plant in Grodno area on the Lithuanian border to make the most of the excess electrical vitality produced by the NPP.
In November final yr, the nation’s largest banking establishment, Belarusbank, launched a service permitting customers to purchase and promote digital currencies with a Visa card. Nevertheless, throughout a gathering with senior authorities officers in March this yr, the Belarusian president hinted at tightening the regulatory framework to manage the utilization of cryptocurrencies, citing for example China’s expertise within the constructing of a digital society.
Do you suppose the federal government in Minsk will actively facilitate the event of the crypto mining business in Belarus? Inform us within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.
