Kazakhstan consider nuclear power to cope with electricity shortage that is attributed to crypto miners-mining Bitcoin messages
Kazakhstan consider nuclear power to cope with electricity shortage that is attributed to crypto miners-mining Bitcoin messages
The government in Kazakhstan is considering the construction of a nuclear power plant in order to overcome a electricity deficit allegedly caused by the booming crypto mining industry. Problems with the power supply pass miners who saw the Central Asian country as a new home when China recently acted against industry.
KKW project in the midst of scarce energy supply for crypto revived mining sector in Kazakhstan
The authorities in Kazakhstan are now considering the implementation of a decades of plan to build a nuclear power plant ( KKW ) To solve electricity deficit. With capped tariffs and a crypto -friendly attitude, the former Soviet republic attracted a lot of Chinese miners, which of Beijings insulting against the crypto industry started in May this year. However, some of them are now because its hardware is idle.
Two locations are currently being examined as potential locations for a nuclear power plant, said Kazakhstan's energy minister Magzum Mirzagaliev this week. These are the village of Ulken in the Alma-Ata region and the city of Kurchatov in the Easternkasachstan region. Cited by the Russian news agency TASS, explained Mirzagaliev:
We are ready with the production and consumption balance sheet by 2035. We clearly see the need to build a nuclear power plant to supply our population and our economy with electricity.
Kazakhstan is the world's leader in uranium ore mining and has been considering the construction of a nuclear power plant for over a decade. Mirzagaliew admitted for a further 10 years for the construction. The government in Nur-Sultan is now in discussions with Russia's State Atomic Energy Corporation. rosatom , which has built nuclear power plants in China, India and Belarus. The nuclear power plant will also help Kazakhstan to reach its CO2 neutrality goals by 2060.
The country had
shortage of electricity last summer when the influx of Chinese miners caused a power supply deficit of 7% in the first three quarters of the year. The energy hungry data center were quick accused for the bottlenecks and the authorities that a single crypto farm needs as much energy as 24,000 households. The deficit is forced to buy Kazakhstan, a large producer of fossil fuels, expensive electricity from Russia fill the gap.
Kazakhstan has retained a generally positive attitude towards the crypto industry. It welcomed Miner and took steps to regulate the sector. Recently published estimates indicate that crypto mining can flow around $ 1.5 billion into its economy over the next five years, with over $ 300 million being expected to be tax revenue. In January a fee of $ 0.0023 per kilowatt hour of electricity is charged.
Do you believe that a Kazakh nuclear power plant will solve problems with the power supply and ensure enough electrical energy for its crypto mining industry? Tell us in the comment area below. Bedy verification : Shutterstock, Pixabay, Wiki Commons 
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