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Bitcoin Miners Eye Nuclear Power as Environmental Criticism Mounts

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Jennifer Hiller writes in The Wall Street Journal on how bitcoin miners are eying nuclear power as environmental criticism mounts.

The C3 Take
  • With Bitcoin mining being an energy intensive process, some miners are looking to power their operations with carbon-free nuclear energy.
  • Bitcoin mining company TeraWulf has recently entered into a partnership with Talen Energy Corporation, which has begun construction of a massive mining facility next to its nuclear power plant.
  • Cryptocurrency companies are highlighting how important nuclear energy is for powering a modern and clean society.
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“Talen Energy Corp. has entered into a joint venture with bitcoin-mining company TeraWulf Inc., which has started land development for a mining facility the size of four football fields next to its Pennsylvania nuclear plant. Nuclear generator Energy Harbor Corp. will provide power to a Standard Power mining center in Ohio starting in December.”

Read the full article here.

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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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