Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, according to the state-owned national news agency, the Belarusian Telegraph Agency.

The meeting was reportedly set up at the president’s request and he promised government support for Belarusian fintech companies.

Lukashenko also reportedly outlined some of the progress that the government has made with IT development, while also asking participants to suggest ideas that promote growth. Amongst other things, the president is reportedly planning to establish a Bitcoin (BTC) mining farm in the country.

Miner Update reported that the president plans to establish a mining farm adjacent to the Belarusian nuclear power plant. The plant is expected to begin full-fledged operations this year and Lukashenko has proposed an extensive space for Bitcoin mining and trading activities.

This article originally appeared on Bitcoin Magazine.

Via: Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Via: Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

from Crypto Investor News™ http://bit.ly/2UJkceU
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://bit.ly/2G2HXWf Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!