Cyberpunk 2021, nuclear power unlocked and launched to mine Bitcoin, it's incredible!
She, a financial expert, explained the logic behind Ukraine's nuclear-powered crypto mining plan and claimed that the nature of cryptocurrency mining makes mining an ideal way to consume excess electricity from nuclear reactors in the country.
He quoted Alexei Mushak, an economic adviser to former Ukrainian Prime Minister Oleksiy Honcharuk, saying, "Modern equipment (ASIC miners) can be turned on or off within a minute, and cryptocurrency mining can offset the fluctuations in consumption and power generation of nuclear power plants."
In fact, in February this year, there were reports that the Ukrainian Ministry of Energy was considering building a nuclear power-based Bitcoin mining center to utilize the country's excess nuclear power.
Ukraine's Deputy Energy Minister for Digital Development, Yevhen Vladimirov, stated that this cryptocurrency mining center would help Ukraine use nuclear energy, increase the profits of Energoatom (the state-owned company that operates nuclear power plants in the country), and help expand the government's tax rate.
In the Inshe report, the author pointed out that cryptocurrency mining may enable NAEC Energoatom to expand the sales market in the next few years. This will bring considerable changes to the company's fortunes, which lost more than $171 million last year.
The project is now supported by U.S. Secretary of Energy Olha Buslavets, whose government department has approved the construction of so-called "data centers" in four nuclear power plants, namely "Bitcoin (BTC) and some major cryptocurrency mining farms."
The success or failure of this effort depends on the results of the pilot project of Zaporizhzhia, the largest nuclear power plant in Europe. Zaporizhzhia has an annual net power generation of 29,299 GWh (100 million watt-hours) and an installed capacity of 5,700 MW (megawatts). The scale is immense!
In any case, the Ukrainian government supports the Energoatom project, and the cabinet added the encryption mining plan to its list of priority projects. The plan will be proposed in December last year and is expected to be completed by 2023.
In other parts of the world, many miners have successfully established mines in energy-producing hotspots, including projects in some of the largest hydroelectric power stations in South America, projects near some traditional coal-fired generators in China, and our previous reports The large -scale mines built by the Russian military and private companies in Siberia in the past, the Bitcoin mining center built by the Venezuelan Army in military camps, etc.
In recent years, Ukraine's main Soviet-era nuclear reactor has become a topic of public concern. Many people claim that the loss-making energy sector is dragging public expenditures into dangerous economic difficulties.
The Ministers of Energy announced projects involving local companies in due course. Mining companies such as BitFury, which have reached in-depth cooperation with Energoatom, have signed construction agreements and contracts, and pioneering work on some websites has begun. This move is expected to use foreign capital to improve the economic situation...
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