Russian based Rosatom State Atomic Energy Corporation spotted a market in need of what they sell - power!
But there's one major difference between them and some of the other hydroelectric, wind, of geothermal based power companies around the world that have embraced electricity-hungry cryptocurrency miners- they're NUCLEAR.
Sergei Nemchenkov, director of the information says the company does not plan to mine, but will "take advantage of the opportunity to sell additional energy to heavy users and rent space for their equipment".
It won't be a huge leap for the power company, they already rent out similar space for businesses with web servers/data centers.
The company says the first location, their power plant in Udomlya (about 200 miles outside of Moscow) is ready to go, and claims they spent 4.8 million building the on-site facilities for miners to rent out.
This is the first of 4 nuclear powered locations they aim to launch this year.
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Author: Mark Pippen
London News Desk
Via NEWSROOM | Crypto Press https://ift.tt/2Bf4SKE
But there's one major difference between them and some of the other hydroelectric, wind, of geothermal based power companies around the world that have embraced electricity-hungry cryptocurrency miners- they're NUCLEAR.
Sergei Nemchenkov, director of the information says the company does not plan to mine, but will "take advantage of the opportunity to sell additional energy to heavy users and rent space for their equipment".
It won't be a huge leap for the power company, they already rent out similar space for businesses with web servers/data centers.
The company says the first location, their power plant in Udomlya (about 200 miles outside of Moscow) is ready to go, and claims they spent 4.8 million building the on-site facilities for miners to rent out.
This is the first of 4 nuclear powered locations they aim to launch this year.
-------
Author: Mark Pippen
London News Desk
Via NEWSROOM | Crypto Press https://ift.tt/2Bf4SKE
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NEWSROOM | Crypto Press