[vc_row][vc_column][vc_paragraph text=”Ukrainian state nuclear power company ‘Energoatom’ is considering crypto mining. “][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Crypto-mining: brand new economy” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The country has produced excessive electricity power because of COVID-19 crisis, and the government is now considering the possibility of mining Bitcoin and other cryptos. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Acting minister of energy Olga Buslavets lead a request to ‘Energoatom’, the state operator of nuclear power plants, asking to consider the possibility of using the excessive electro energy for mining cryptocurrencies.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“Together with ‘Energoatom’ and trading subsidiary, we can develop the normative and technical framework for possible implementation of crypto mining projects. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In this way we would provide additional markets for electricity produced by nuclear power plants”, says the message published on Facebook.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”According to the request, ‘Energoatom’ should study the potential ways of crypto mining.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In the additional post on its Facebook account Ministry of Energy announced that the nuclear power plants have produced excessive electricity because of the restrictions implemented due to the coronavirus pandemic.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Then the Ministry claimed that the president Vladimir Zelensky’s stance is that digitalization is the best way to develop the country and integrate innovative solutions in order to avoid power losses.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Governments are turning to cryptos and stablecoins” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1692″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Ukraine is optimistic about the crypto industry. Previously this year Ministry of digital transformations has announced it would not regulate crypto space as it is already governed by the blockchain consensus policy.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“We stay devoted to mining which is a part of open decentralized networks. It does not require any actions from the state regulators or other legal framework. The industry is regulated by the protocol policy and members of blockchain networks”, claimed the Ministry.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Still it is unclear whether ‘Energoatom’ will accept the proposal of Buguslavets but the very desire to participate in crypto industry looks promising.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Amidst the inflation and economys’ collapses, cryptos appear to be the great alternative to the traditional banking and fiat currencies.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Many governments have already drawn their attention to the new industry trying to integrate cryptos. It is enough to recall the stable coins’ development and launch race.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The type of people who invest in crypto has changed over the recent years. From “techno-libertarian” crowd in 2012 to common retailers in 2016, and now the industry sees large inflow of institutional funds and investors.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Once more and more institutionals get involved into crypto space, BTC will get new infusion of capital from financial companies. This indicates bullish sentiments spread by accredited investors who have finally accepted Bitcoin as a legal asset.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Halving has reduced the BTC supply on the market. Apart from several fundamental updates, all the current circumstances point towards that BTC has entered a new phase of development.”][/vc_column][/vc_row]
