As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a bankers meeting held in Almaty last … [Read more...] about Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running
Nuclear
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
Publicly traded North American Bitcoin mining company Bitfarms has doubled its productivity this year amid the Chinese crackdown and resultant miner migration.The Canadian hydroelectricity mining outfit claims to be currently powering an estimated 1.5% of the entire Bitcoin (BTC) network, with more than 99% renewable green energy.In a July 14 production update, the firm … [Read more...] about Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto mining activity.Speaking to CNBC on Thursday, Mayor Suarez said he is inviting foreign mining companies to consider establishing data centers in the city.According to Suarez, Miami’s ample nuclear electricity supply should attract … [Read more...] about Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners