Philippines will have a cheap electricity soon because of the revival of nuclear power development by the new government

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We're going to have a nuclear power soon.😀

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I wonder if BTC miners would take a second look in mining BTC and or Ethereum here in my country if after the supposed plan to revive the development of the Bataan Nuclear powerplant is made into a reality because it was made to be a White Elephant project by the administrations succeeding the former F. Marcos.

The Aquino administration was to blame for the hardships of Filipinos in enduring a high electricity cost here in my country, they favored their own cronies of oligarchs that controls the power distribution and in command for its price. So it was a fact that whenever these oligarch's political pets wins a major election then a price hike for electricity happens after that, I know because I live here in this country and I observed it many times before.

The Bataan nuclear power plant is an unusual project because it is not only halted but the Philippine government had maintained it so it would not totally rot which is why we are still paying for its maintenance, a White Elephant project that continues to burden every tax payer until now because of its maintenance cost over more than three decades.

When I was young and realized that it got stopped by the Aquino administration, I felt sad and angry because we could have been enjoying a lower electricity cost, products, and services here in my country. But the Aquino administration and the ones succeeding it are too vindictive that Mrs. Aquino vowed to make Filipinos experience hardships by stopping this and other crucial projects that president Marcos had initiated that could have made the Philippines more progressive.

Now that the Son of former President Ferdinand Marcos in power now he is now considering that the country should opt in for a much cheaper energy source and that is to develop a nuclear powerplant.

When the Bataan nuclear powerplant was being built it was using an advanced technology at that time which is now made to be obsolete, so it its development will not be continued but rather a newer one will be created possibly in the same location where the never used one is standing.

Of course with this kind of power source there are rules, protocols, safety procedures, and other safety measures that has to be done in order to operate it safely for the reason that it will be using nuclear substances that should be handled with utmost care and safety.

I hope to experience a more cheap electricity in my lifetime and I am glad that the younger generations will finally enjoy such instrument for their own benefits in the future.

The new government will now be taking the assistance of the government of South Korea after a dialogue with its ambassadors with Pres. BBM to look on the matter so that it can start with building the said energy power plant. So I am excited that it is now on the plan and could be operational soon.

I am confident that the succeeding presidential bet Mrs. Sara Duterte will continue that project even if its development outlives the six year term of Pres. BBM. But I personally doubt that the nuclear power plant development will take that long to get operational so we have to still discover how fast it will be completed.

With regards to Crypto miners I guess that they will consider mining in here if we finally get a more cheaper energy source that will also power other industries and potential industries in the future. I am also excited if an oil and gas exploration would also be finally considered because it will be enough to make this country a much better country, far more better if the previous administration never had happened with the exclusion of the outgoing president Rodrigo Duterte's government.

Source

Crypto mining in the Philippines will now be made cheaper unlike today that it will just make you break even, almost.

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