In Might 2020, performing head of the Ministry of Vitality Olga Buslavets signed an order to check the “potential implementation of cryptocurrency mining initiatives to be able to present extra gross sales markets for electrical energy produced by the nuclear energy plant.”
The company mentioned that it hoped that the info facilities would assist use idle load and cut back the burden on transmission methods – however that they might require a minimal of 100MW in energy.
That summer time, Energoatom’s performing president, Petro Kotin, signed an MoU with H2 LLC to construct a $700m knowledge middle close to the Zaporizhzhia Nuclear Energy Plant, Europe’s largest nuclear energy plant, positioned simply 200km from the continued conflict in Donbass.
Little is understood about native firm H2, which can even construct a $300m hydrogen electrolysis plant.
In August, Ukraine’s president Volodymyr Zelenskyy met with H2 and investor Yom Capital to debate the undertaking, at that time mentioned to have a capability of 1GW.
Cyprus-based Yom is headed by Walter Komarek, who was beforehand the CEO of Forbesphone, a now-defunct cell digital community operator arrange as a partnership between Forbes Media and Maltese cell firm Worldfone.
Public data on Yom is scarce. The corporate claims to be partnering with diagnostic laboratories and pharmacy business chains in Ukraine, Cyprus, Greece, and the Emirates for Covid-19 assessments.
Yom says it has a 10-year contract with Energoatom and H2 for the info middle, with its web site additionally revealing a partnership with Polish bitcoin mining firm Minebest.
Ukraine’s Energoatom adopted up the Zaporizhzhia take care of one other partnership in October. The state enterprise introduced an MoU with Dutch mining firm Bitfury to function a number of knowledge facilities close to its 4 nuclear energy crops, with a complete mining consumption of 2GW.
“Because of the consultants of Energoatom and Bitfury Holding engaged within the preparation of the Memorandum and for finishing the primary stage of cooperation. That is the start of a big and complicated work, which is able to enable fixing some strategic duties each for Energoatom and for Ukraine as a state,” mentioned the company’s non permanent head, Kotin.