Decommissioned Power Plant in Armenia to Host Crypto Mining Farms

Yusra3

VIP Contributor
The gear at the Hrazdan TPP has been considered out of date and wasteful, creating costly power, and experts in Armenia have chosen to close down the old power plant soon. Its premises and framework, including electrical cables, water and gas pipelines, will be proposed to other, more beneficial organizations.The arrangement to lease the old warm station was supported at a gathering of the Commission for Regulation of Public Services on Wednesday, Sputnik Armenia revealed. An organization fabricating refrigeration units has effectively organized the exchange of a portion of its creation to the TPP, the news entry uncovered.

In one more piece of the plant, a free monetary zone called Ecos has been set up and is presently open. Substances engaged with the extraction of computerized monetary forms will be permitted to set up their crypto ranches around here. A law authorizing crypto mining in Armenia was presented in 2018.
 
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