Some lawmakers have called for greater regulation of cryptocurrency, citing the enormous amount of resources required to produce it. “There are computers all over the world right now spitting out random numbers around the clock, in a competition to try to solve a useless puzzle and win the bitcoin reward,” Sen. Elizabeth Warren (D., Mass.)…
KENNERDELL, Pa. (AP) In March 2017, Bill Spence got suddenly, catastrophically sick. A part of his pancreas died. His gall bladder failed. When he got to the emergency room, the doctors found kidney cancer.
Nuclear Power Plant Owners Bet on Zero-Carbon Bitcoin govtech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from govtech.com Daily Mail and Mail on Sunday newspapers.
(Image credit: EPIC)
A report from Data Center Dynamics (via Techspot) says Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center next to its nuclear Susquehanna Steam Electric Station in Pennsylvania.
The business responsible for the crypto mining operation, Cumulus Coin, is a subsidiary of Talen Energy and expects the project to come online in the spring of 2022, with the first phase of development having 164MW of capacity. The goal is to have at least 300MW of onsite power by completion and the ability to expand to 1GW capacity in the future.
Amid Green Energy Push, Data Centers Consider The Nuclear Option Unsplash
In Pennsylvania, Talen Energy will build a hyperscalecryptocurrency mining facility adjacent to its nuclear plant in Luzerne County, Data Center Dynamics reports.
Nearby in Ohio, cryptocurrency infrastructure operator Standard Power announced a deal to power its facilities with nuclear energy for the next five years. Between them, the two nuclear mining hubs will be able to house almost 200 megawatts of computing power comparable with the world’s largest data center campuses.
These projects reflect the growing appeal of nuclear power as a way to fulfill the seemingly insatiable power demand of cryptocurrency mining operations, which are essentially just data centers used to perform complex calculations that verify blockchain transactions and create digital currencies.