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Kazakhstan discussed the construction of a nuclear power plant against the background of the migration of bitcoin miners from China

by Vaibhav
December 30, 2021
in News
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In Kazakhstan, it was proposed to prescribe the criteria for mining bitcoin
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The authorities of Kakhastan returned to the issue of creating a nuclear generation in the country to combat the shortage of electricity. About it report “Vedomosti” with reference to the statement of the Minister of Energy Magzum Mirzagaliyev.

The discussion took place after calculating the production and consumption of electricity until 2035.

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Potential sites for the construction of a nuclear power plant include the village of Ulken in the Alma-Ata region and the city of Kurchatov in the East Kazakhstan region. The final decision has not yet been made.

In 2014, the chairman of the board of the national atomic company of Kazakhstan, Kazatomprom, signed a memorandum with Rosatom on the construction of a nuclear power plant. However, in 2016, the then Energy Minister Kanat Bozumbayev said that the country was not experiencing a shortage of capacity and was not going to build a nuclear power plant within the next seven years.

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If a new project is approved, the term of work can be up to 10 years. So far, the country is coping with the deficit due to overflows from the Russian Federation and unscheduled switching on of Russian power plants.

Recall that in 2021, many companies engaged in the extraction of cryptocurrencies relocated to Kazakhstan amid the tightening of the rhetoric of the Chinese authorities. As a result, the country has become one of the leaders in terms of the amount of computing power in the bitcoin network.

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In September, the country’s authorities announced the increased consumption of electricity and its possible shortage. In this regard, the country’s Energy Minister Magzum Mirzagaliyev proposed to limit the consumption of mining data centers.

In early December, miners started leaving Kazakhstan due to power problems.

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