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Kazakhstan can build a nuclear power plant for Bitcoin mining – breaking news

According to a report from Nikkei Asia, one of the world’s leading business newspapers, a special nuclear power plant can be built for Bitcoin mining.

Kazakhstan’s President Kassym-Jomart Tokayev made such a proposal for energy use in mining. Tokayev said the decision could spark backlash.

The country’s only nuclear power plant was shut down in 1999. Kazakhstan is a country rich in uranium. 41 percent of the world’s uranium is extracted from Kazakhstan, but the country was used as a nuclear weapons test site during the Soviet Union.

For this reason, the people of Kazakhstan stay away from nuclear investments.

After China banned cryptocurrency mining, Kazakhstan was one of the countries that operated BTC farms. 18 percent of the BTC hash rate is generated in Kazakhstan. These data show that mining in Kazakhstan has quadrupled in recent months. Kazakhstan is the second most bitcoin-producing country after the US.

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