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Ukraine Wants to Be Cryptocurrency Central Imagine youre a country with a soso economy, exporting mostly metals and agricultural products but without a great deal of foreign investment. How do you transform yourself into a hot destination for international money Ukraine believes it has the answer: Its betting big on cryptocurrencies. That could make the sorrowstricken country a global hotbed of cuttingedge financiers. But the cryptocurrency moves could also spell trouble. A plant for mining bitcoin, a process by which computing power is effectively exchanged for the cryptocurrency, will soon rise near Zaporizhzhia Nuclear Power Plant, not far from Ukraines border with Russia. Zaporizhzhia is Europes largest nuclear power plant, but the tobeconstructed cryptocurrency operationsigned by Ukraines governmentowned nuclear plant operator Energoatom and a private firm called H2 last year and involving a 700 million investmentis focused on power consumption, not power generation. It will draw on Zap
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