Mining brand acquired by Beltamozhservis.
In a potentially groundbreaking move, the Belarusian customs operator, Beltamozhservis, has acquired a license for the trademark of ASIC miners used for cryptocurrency mining. The license, which was issued by the National Center for Intellectual Property (NCI), is valid until the end of 2025.
The acquired trademark is Whatsminer, a product of MicroBT, a company known for its ASIC miners. Interestingly, the Whatsminer trademark is no longer exclusively associated with MicroBT, as the rights for ASIC miners produced by the Kyrgyz company "Blockchain Technology" have also been acquired by Beltamozhservis.
The news about this potential cryptocurrency mining venture by Belarusian customs officials was reported by the portal "Belarusians and Markets." However, as of my latest information up to June 2024, there are no confirmed reports or credible sources indicating that Beltamozhservis has started cryptocurrency mining using Whatsminer ASIC miners from MicroBT or Blockchain Technology.
The acquisition of this license suggests that Belarusian customs officials may be planning to embark on a new venture involving cryptocurrency mining. This development comes amidst active discussions about using cryptocurrency mining to consume excess electricity from the Belarusian nuclear power plant (BelAES). If Beltamozhservis does indeed start cryptocurrency mining, they could potentially be the first state institution in the country to engage in such activities.
It is worth noting that the ASIC equipment used for cryptocurrency mining, produced by MicroBT, is designed to help miners maximize profits. The Whatsminer brand ASIC miners are particularly efficient and popular in the cryptocurrency mining community.
The auction for the rights of "Blockchain Technology", including the rights to the Whatsminer trademark, took place in Belarus at the end of 2024 - beginning of 2025. The specific purposes or scale of the potential cryptocurrency mining venture by Belarusian customs officials have not yet been disclosed.
For the most accurate and current information, you might want to check official statements from Beltamozhservis or recent news from trusted industry sources.
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