Why Crypto Mining Needs Nuclear Power — CoinDesk


Intentional collaboration with nuclear energy might cut back the price of electrical energy for crypto-mining operations. The value to generate the electrical energy is a small fraction of the whole, with varied taxes, transmission prices and supply prices accounting for the remaining. Although nuclear energy doesn’t supply the bottom electrical energy technology value, crypto mining would take full good thing about its reliability, vitality density and geographical flexibility. Crypto-mining farms that use nuclear energy, both by collocation with current crops or by possession of their very own crops, would pay much less for his or her carbon-free electrical energy than they’d in the event that they bought carbon-intensive electrical energy from the grid.