Mogilev Region to Launch Tenders for Building Mining Centers

Regional authorities plan to hold a series of tenders aimed at selecting investors for crypto extraction projects. They anticipate facilities ranging from 50 to 100 MW in capacity, which is especially appealing given the area’s low tariffs. The agenda includes government guarantees on stable power supply.

Officials report ongoing talks with several foreign companies seeking tax benefits and surplus electricity. Winners are expected to be announced within six months so construction can start before the end of 2025. IT experts believe this initiative could significantly boost the region’s economy.

Thus, the administration views mining as an opportunity to diversify revenues and leverage spare capacity while promoting technological advancement.