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CRYPTO MINING PLAN AT THE NUCLEAR POWER PLANT CONTROVERSY IN PEACE TALKS BETWEEN RUSSIA AND UKRAINE
🔸 Russian President Putin stated that the US is interested in using the Zaporizhzhia nuclear power plant to mine crypto as part of peace negotiations.
🔸 This plant is located on Ukrainian territory, controlled by Russia since 2022, and is the largest nuclear power plant in Europe.
🔸 Russia's proposal is to jointly manage the plant with the US, without Ukraine's involvement, thereby Russia retains control while the US plays an economic role.
🔸 The US is said to propose a tripartite model, where the US, Russia, and Ukraine operate the plant together with shared ownership.
🔸 Ukraine proposes a 50/50 cooperation with the US, whereby Ukraine receives half of the electricity output, and the US decides how to distribute the remaining electricity, which may include Russia.
🔸 Control of this plant significantly impacts electricity supply to southern Ukraine, regional grid stability, and nuclear security, making it a key point in peace negotiations.
🔸 Since there is currently no consensus among the parties, the crypto mining plan at this plant remains uncertain.
#CryptoMarketMildlyRebounds