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Positioning the exploitation of bitcoins with carbon-free sources, such as nuclear power, provides tremendous benefits to the cryptocurrency industry as digital assets gain in popularity, acceptability and engagement with the broader economy.
World Nuclear News reports that Cumulus Data, a subsidiary of independent power producer Talen Energy and a maker of zero-carbon data centers, has finished installation on the first building of its nuclear-powered Susquehanna data center site in Pennsylvania.
According to World Nuclear News, Cumulus Data, a subsidiary of independent electricity generator Talen Energy and a manufacturer of zero-carbon data centres, completed the installation of its first nuclear data centre facility in Susquehanna, Pennsylvania.
Chip skyrockets 45% In spite of Drop In Player Numbers.
Bitcoin Mining will nuke. The data centre is powered by a direct connection to the susquehanna nuclear power plant, which has a 2.5 gigawatt capacity.
Nuclear power has the potential to become a significant source of electricity for the bitcoin mining sector.
By providing stable, carbon-free electricity, nuclear reactors will help maintain the cryptocurrency ecosystem, promote its expansion and accelerate the overall uptake of bitcoin assets.
A rendering from 2021 of the data center campus next to the Susquehanna power plant (Image: Linxon/World Nuclear News)
Bitcoin mining difficulty jumped 10.26% to a new all-time high of 37.59 trillion on Monday, as some U.S.-based mining enterprises resumed operations after being knocked offline by snow cyclones.
Overall, the extraction of cryptocurrencies requires huge amounts of power. According to an analyst, it consumes 77.78 twh of energy, similar to the energy demand of Chile.
This corresponds to the energy demand of Chile.
Those nuclear power plants that are unable to dispose of 100 percent of their electricity can use the excess energy for crypto mining to aid in the decarbonizing process of the sector, which the defenders of the environment have been demanding for a long time.
Bitcoin Mining Center willing to accommodate tenants. This year, Cumulus Information CEO.
"We look forward to moving forward on our goal of solving the "trilemma" energy problem, which we define as the growing consumer demand for zero carbon, low-cost, and reliable power from data centre customers,' said Hernandez.
Talen energy announced in 2021 a partnership with the US corporation of extraction of bitcoin terawulf to build the nautilus cryptomine on the site.
Talen Energy announced in 2021 a partnership with the US mining company Bitcoin TeraWulf to build the Nautilus cryptomine on the website.
Although it may seem odd to connect a cryptocurrency data centre to a nuclear power plant, CO2 emissions and increasing electricity costs are becoming extremely important considerations for businesses with a large data centre infrastructure.
While it may seem odd to tie a cryptocurrency data center to a nuclear facility, CO2 emissions and increasing electricity costs are becoming extremely important considerations for businesses with a large data centre infrastructure.
BTC total market cap at $445 trillion on the daily chart | Chart: TradingView.comBTC market capitalization total to $445 trillion on Daily chart | Chart: TradingView.com.
Nuclear Power & Bitcoin Mining: A Perfect Pair
Not only will nuclear reactors develop a new source of revenue through the operation of cryptocurrency.
Vladimir Galabov, director of cloud and data center research at Omdia, stated:
“Nuclear power has its place in supporting the data center cut its greenhouse gas emissions.”
As the time of writing, Bitcoin is trading at $23,091, up 9.1% in the last seven days, data by Coingecko show.
As Potential BuyerVladimir Galabov, Director of Cloud and Data Centre Research at Omdia, said, "Nuclear energy has a place in supporting the data center to reduce its greenhouse gas emissions."
