The government of Belarus is exploring the possibility of switching to crypto-mining

Belarus is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC).

The Ministry of Energy of the Republic of Belarus officially announced Friday that it is actively exploring the pros and cons of cryptocurrency mining. Minister Viktor Karankevich said that the crypto mining industry is rapidly growing all over the world in countries like China, the United States, Canada, and Russia.

The minister went on to say that the government is considering tapping into the mining industry following an investigation of the potential risks and other factors:

“This is a new direction for us now. It is interesting but in order to get started with it, we have to conduct a detailed study of this issue, including an assessment of possible risks associated with this kind of activity. We’re on this.”

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