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USA, Russia quietly discuss Bitcoin mining at ZNPP as Kyiv is left out – Details

According to reports from Kommersant, U.S. and Russian officials have privately discussed using the Russian-occupied Zaporizhzhia Nuclear Power Plant (ZNPP) for large-scale Bitcoin mining, potentially making it a bargaining chip in broader peace negotiations. While the official topic of Russia’s State Council meeting was routine, President Putin reportedly indicated U.S. interest in acquiring a stake in ZNPP for crypto mining, shifting its role from a military asset to digital infrastructure. The plant, non-operational since 2022, remains a focal point in management disputes. The U.S. has proposed a three-way operational split, while Ukraine rejects joint control with Russia, instead advocating a 50-50 partnership with the U.S. This development aligns with Russia’s broader strategy to tightly regulate crypto assets by 2026, treating external activity as illegal by 2027. The proposal highlights the unpredictable nature of modern diplomacy, blending energy politics, digital economics, and territorial negotiations.

ambcrypto12/27 06:03

USA, Russia quietly discuss Bitcoin mining at ZNPP as Kyiv is left out – Details

ambcrypto12/27 06:03

Zaporizhzhia Nuclear Plant For Crypto Mining? Putin Claims US Interest

Russian President Vladimir Putin has claimed the United States is interested in using the Zaporizhzhia Nuclear Power Plant’s electricity for crypto mining and supplying power to Ukraine, according to a report citing Russian media. The plant, Europe’s largest nuclear facility, was captured by Russian forces in 2022 and has since halted power generation. While crypto mining—an energy-intensive process—could utilize excess energy, reactivating the plant remains complex. All six reactors are shut down, and the International Atomic Energy Agency states that restart is impossible while military conflict continues. Meanwhile, Bitcoin trades around $88,600.

bitcoinist12/27 04:03

Zaporizhzhia Nuclear Plant For Crypto Mining? Putin Claims US Interest

bitcoinist12/27 04:03

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