Kazakhstan considers nuclear power as a solution to its bitcoin mining power shortage.

  • The exodus of Bitcoin miners from China into Kazakhstan has contributed to an energy crunch that the central Asian country’s president has proposed solving with nuclear energy.
  • While Tokayev did not connect the proposal to Bitcoin mining power use, failing to keep miners in the country could jeopardize the estimated $1.58 billion in tax revenue those miners represent.
  • Power shortages have already forced Bitcoin mining marketplace Xive to leave Kazakhstan.
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