In Might 2020, performing head of the Ministry of Power Olga Buslavets signed an order to review the “doable implementation of cryptocurrency mining tasks with the intention to present further gross sales markets for electrical energy produced by the nuclear energy plant.”
The company mentioned that it hoped that the information facilities would assist use idle load and scale back the burden on transmission programs – however that they’d 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 battle in Donbass.
Little is thought about native firm H2, which may even construct a $300m hydrogen electrolysis plant.
In August, Ukraine’s president Volodymyr Zelenskyy met with H2 and investor Yom Capital to debate the mission, 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 trade chains in Ukraine, Cyprus, Greece, and the Emirates for Covid-19 exams.
Yom says it has a 10-year contract with Energoatom and H2 for the information middle, with its web site additionally revealing a partnership with Polish bitcoin mining firm Minebest.
Ukraine’s Energoatom adopted up the Zaporizhzhia cope with 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 giant and sophisticated work, which is able to permit fixing some strategic duties each for Energoatom and for Ukraine as a state,” mentioned the company’s short-term head, Kotin.