Kazakhstan is discussing the construction of a nuclear power plant amid an electricity shortage

Against the background of the influx of miners into the country, the Kazakh authorities are thinking about building a new nuclear power plant.

The massive migration of miners has made Kazakhstan one of the new Bitcoin mining centers, accounting for approximately 18% of the global hashrate. However, along with the prosperity of the industry in the country, issues of increasing electricity consumption have arisen. 

The country is already facing an energy shortage. To avoid similar situations in the future, the authorities are considering the possibility of building a nuclear power plant. The project may take up to 10 years to complete. 

For now, Kazakhstan is compensating for the lack of capacity by purchasing energy from Russia. The need for such imports will continue for another 4–5 years. 

According to experts, the electricity deficit in Kazakhstan is already 1.7 billion kWh and will increase in the coming years by another 25–30 billion kWh.

At the end of the year, problems with energy supply forced miners to move from Kazakhstan. This fall, the President instructed the Ministry of Finance to regulate the activities of miners in the republic. The Ministry of Energy proposed limiting the consumption of mining data centers and introducing a tax on digital mining.

Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies