Monday, July 14, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

BTC miners form partnerships with destitute nuclear power plants

by Roman B.
September 30, 2021
in Cryptheory News
Reading Time: 3 mins read

 

Miners BTC facing growing criticism regarding impacts of mining on the environment, turned to nuclear power plants.

BTC miners and nuclear power plants

Bitcoin miners are still looking for ways to take advantage excess energy which would otherwise be unnecessary. That’s why this time they shook hands with operators of needy carbon-free ones nuclear power plants.

This can be a perfect interplay, because nuclear power plants need it more customers amid the growing competition it has cheaper energy sources while BTC miners need exactly what the power plants offer – stable and carbon-free energy, how said Wall Street Journal with reference to “Managers and analysts.”

It can also be a particularly suitable solution for miners, as they continue to face responses to the energy consumption of their plants and environmental impact.

According to news will be in Ohio since the beginning of December mining center Standard Power obtain energy from a nuclear generator from Energy Harbor Corp.

In addition, the company Talen Energy Corp. entered into a joint venture with BTC Mining Company TeraWulf Inc. They started land development next to their nuclear power plant in Pennsylvania for mining equipment that should be sized four football fields.

“We are building demand adjacent to the existing nuclear power plant,” said Alex Hernandez, president of Talen Energy, suggesting that BTC mining is adding a new source of revenue to energy providers in addition to servicing energy networks.

Nuclear projects are partnering with cryptocurrency miners

New nuclear projects are also reportedly targeting cryptocurrency miners. How was it announced in July, Oklo, a California company developing renewable energy power plants, announced 20-year business partnership with the company Compass Mining, an online hardware and hosting marketplace for BTC mining in the United States, to introduce advanced nuclear fission to replenish fossil fuels, and “Promoting the diversity and sustainability of energy resources used by miners”.

Oklo trying to build a special “Microreactors”to avoid huge logistical obstacles to a full-fledged nuclear reactor.

This agreement does not include a fixed price for energy, but Whit Gibbs, CEO of the company Compass, said WSJ that he believes the companies will agree on a price that will allow profitable mining of cryptocurrencies. Jacob DeWitte, co – founder and CEO of the company Oklo, said he had received inquiries from other interested BTC miners, but that federal approval was still required first, which is likely to will not happen until 2023-2025.

Bill Dugan, director of an energy consulting company Customized Energy Solutions, however, concluded that despite expectations of creating more nuclear bonds with BTC they are unlikely to be large enough or fast enough to save many nuclear power plants.

The mayor Francis Suarez meanwhile presents Miami as a place for crypto miners, exchanges and investment firms and also mentioned nuclear power plant owned by the company Florida Power & Light. Negotiations were allegedly held with the company’s representatives, which included the possibility of locating mining equipment near the nuclear power plant and finding cheap land for the construction of warehouses for mining equipment, as said Suarez.

Switzerland introduces new anti-money laundering rules

  • Author
  • Recent Posts
Roman B.
Roman B.
I have 6 years of writing experience on several leading websites dealing with cryptocurrencies and other investments. I have been in the Web3 sector for a similar amount of time and have collaborated on several projects from NFT to P2E. My previous experiences: Business2Community.com, TradingPlatforms.com and now Cryptonews.com.
Roman B.
Latest posts by Roman B. (see all)
  • Ethereum Is Cooking Again: Are You Gonna Ride or Cry? - June 30, 2025
  • Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!” - June 25, 2025
  • The Centralized Trap: Is Web3 Quietly Turning Back Into Web2? - June 24, 2025
Tags: Bitcoin miningNuclear power plants
Previous Post

The Chinese ban is irrelevant to BTC, says MicroStrategy chief Michael Saylor

Next Post

BTC analysis – the price holds $ 41,000, will it break the resistance of the bull flag?

Related Posts

Bitcoin’s Ready to Blow… Upwards?
Uncategorized

Bitcoin’s Ready to Blow… Upwards?

July 3, 2025
Ethereum's $5K Dream: Breakout or Breakdown?
Cryptheory News

Ethereum’s $5K Dream: Breakout or Breakdown?

July 2, 2025
Ethereum Is Cooking Again: Are You Gonna Ride or Cry?
Cryptheory News

Ethereum Is Cooking Again: Are You Gonna Ride or Cry?

June 30, 2025
Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)
Cryptheory News

Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)

June 26, 2025
Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”
Uncategorized

Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”

June 25, 2025
To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro
Uncategorized

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

June 23, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again
Cryptheory News

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Altseason Is Coming: Time to Saddle Up, Degens
Cryptheory News

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone
Cryptheory News

Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

June 20, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Ethereum's $5K Dream: Breakout or Breakdown?

Ethereum’s $5K Dream: Breakout or Breakdown?

July 2, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025
Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”

Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”

June 25, 2025
BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

June 25, 2025
Bitcoin’s Ready to Blow… Upwards?

Bitcoin’s Ready to Blow… Upwards?

July 3, 2025
10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

July 1, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025
The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

June 24, 2025
Altseason Is Coming: Time to Saddle Up, Degens

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025

💥 What's Your Crypto Trading Spirit Animal?

1. Your reaction to a red 15% candle?

2. How do you read charts?

3. What’s your biggest trading sin?

4. Favorite indicator?

5. How do you set your stop-loss?

6. What's your ideal trading environment?

7. How do you handle losing trades?

8. What’s your position sizing like?

9. What's your backup plan if you get liquidated?

10. Your crypto endgame?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.