New Build

Kazakhstan / President Ready To Turn To Nuclear As Cryptocurrency Mining Boom Causes Power Shortages

By David Dalton
7 December 2021

Country has seen mass migration of power-hungry digital ‘miners’ from China
President Ready To Turn To Nuclear As Cryptocurrency Mining Boom Causes Power Shortages
Kazakhstan has some of the largest uranium deposits and is the world’s largest uranium producer, but it does not have commercial nuclear plants. Courtesy Kazatomprom.
Kazakhstan needs nuclear power if it is to overcome power shortages caused partly by the boom in cryptocurrency “mining”, the country’s president Kassym-Jomart Tokayev told bankers at a meeting in the capital, Nur-Sultan.

Want to know more?
Sign up.

Pen Use this content

Tags


Related