The nuclear power plant owned by the Ukrainian government has chosen a company to build a large data center in Rivna for cryptocurrency mining operations. After a bidding process, Energoatom selected Kyiv Energy Construction Company to handle the nuclear power plant encryption mining project.

Nuclear power plant operators are expected to start data centers in 2022

According to official documents, the data center will be located at the Lovna nuclear power plant after the construction company received 8.92 million hryvnia ($317,620) funds. The only competitor in the tender is Ukrenergobudproek. However, regional news outlet Forklog stated that they allegedly provided expensive offers.

Kyiv Energy Construction Company hopes to complete the construction of the data center by August 31, 2022. According to the announcement, the contractor must send documents detailing the entire process. It includes “host status registers, electronic archives and computing facilities.”

In terms of technical details, the nuclear power plant has a capacity of 2,657 megawatts and was built in the late 1970s. In addition, the operation of state-owned nuclear facilities began in early 1980.

In October 2020, Energoatom also signed a memorandum with a subsidiary of cryptocurrency mining giant Bitfury. With the new data center, local media believe that Bitfury miners can transfer their operations to the facilities of the power plant.

Ukraine’s interest in establishing encrypted mining data centers in nuclear power plants

The transaction between Energoatom and Kiev Energy Construction Company is not surprising. In fact, the Ministry of Energy of Ukraine requested Energoatom to conduct a study in May 2020 to evaluate the feasibility of crypto mining in its nuclear power plants.

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As a rumored fact of encrypted mining at a nuclear power plant in Ukraine, the country’s security department discovered illegal encrypted mining equipment in a nuclear power plant in 2019.

The illegal mining equipment of the device was found in southern Ukraine. In addition, the investigation determined that such illegal devices violated “state secrets.”

What do you think of the announcement of the establishment of an encrypted mining data center in a nuclear power plant? Let us know in the comments section below.

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