Children’s camp near Minsk will become a mining center
Children’s camp near Minsk is planned to be reorganized into a mining center
Initiator the project will conduct public fundraising
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The Russian intends to convert an abandoned children’s camp near Minsk into a large center for cryptocurrency mining
Resident of Belarus with Russian roots Igor Davydov intends to reorganize the abandoned children’s camp “Domanovo” near Minsk into a large center focused on mining cryptocurrencies. About this writes real estate portal Realt.by.
A children’s camp with 15 hectares of land and seven three-story dormitories put up for auction is estimated at 428 thousand Belarusian rubles (~ ₽12.2 million). According to Davydov, abandoned buildings cost a penny, and in Russia it is not so easy to acquire such objects..
Davydov admits: compete with the Chinese or the Iranians, which deployed large-scale mining centers, it is unlikely to work in the near future due to cost of electricity in Belarus. Topics however, he stressed that already consults with lawyers and is exploring the possibility of “applying reduced electricity tariffs for organizations this or that form of ownership “.
For the first time Davydov intends use only part of buildings exclusively for the mining of cryptocurrencies. Children’s center, by him words, can carry non-commercial benefits, social.
“Given the size of the complex, we can immediately develop on its basis some charity initiatives “, – he said.
At the same time the cost of restoring the complex, according to Davydov’s estimates, will be at least $ 900 thousand (~ ₽65.7 million) Davydov included the cost of the camp itself in the cost estimate, purchase 550 video cards in the amount of $ 247,400 and the cost of conducting your own initial offering tokens (English ICO). Collect funds Davydov plans with fundraising.
Belarus has long been considered one of the world’s cryptohubs. The country is one of the seven states that have officially abandoned the taxation of transactions with cryptocurrencies. The mining community is also gradually developing in Russia. As reported BeInCrypto edition, Norilsk became new a hub for cryptocurrency miners bitcoin. Since the beginning of the past of the year the city in the Krasnoyarsk Territory has increased their power on market cryptocurrencies with company BitCluster.
ABOUT Tom, why mining has become popular again in the post-Soviet market – read in a special article BeInCrypto.
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