The opening ceremony of Armenia’s newest cryptocurrency mining farm boasted of attendance from the country’s top governmental officials, including the Prime Minister.

Amenia’s capital city of Yerevan hosted the ceremony, with those behind the mining farm touting the project as one of the ”world’s largest.” These founders include Armenian conglomerate Multi Group, notoriously founded by oligarch and local politician Gagik Tsarukyan, as well as the controversial international mining firm Omnia Tech.

The Prime Minister of Armenia Nikol Pashinyan was accompanied at the event by Tsarukyan. Tsarukyan also founded the national Tsarukyan Alliance party which currently holds the second largest bloc in Armenia’s parliament.

Other significant attendees of the event include a number of international businessmen reportedly from ”almost 40 countries.”

News Armenia hailed the opening ceremony as a success for the country’s technology sector, adding that ”representatives of foreign business circles are planning to meet with government members to find out the possibilities of new and more ambitious investments in the Armenian economy and expanding the base of operation.”