Catherine Clifford of CNBC writes on how nuclear energy is powering cryptocurrency operations.
- With Bitcoin mining being an energy intensive process, some miners are looking to power their operations with carbon-free nuclear energy.
- Advanced nuclear startup Oklo has recently joined a 20 year energy partnership with cryptocurrency company Compass.
- With cryptocurrency likely playing a significant role in financial operations for years to come, growing America’s nuclear energy fleet will be important to reduce emissions.
“As bitcoin miners search for ways to remove the carbon emissions from the electricity they use for their many large computers, there have been some signs of interest in nuclear power as a solution.”
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