BIG PICTURE
Going nuclear
The value of a single Bitcoin has skyrocketed over the past year , with some experts believing the cryptocurrency will hit $ 59,000 per coin in 2021 . While your average amateur miner doesn ’ t have the computing power at their disposal these days to get any kind of reasonable return on the Bitcoin that ’ s still out there , what if you had a 3 GW network of data centres and four nuclear power plants to play with ? In a move that ’ s becoming increasingly popular in Russia and Eastern Europe , Ukraine ’ s government is building a massive cluster of data centres beside its nuclear power stations to mine Bitcoin and hold state secrets . The hunt for the remaining $ 84.2bn worth of Bitcoin just went nuclear .
8 April 2021