Why Crypto Mining Wants Nuclear Energy — CoinDesk

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Intentional collaboration with nuclear energy might scale back the price of electrical energy for crypto-mining operations. The associated fee to generate the electrical energy is a small fraction of the overall, with numerous taxes, transmission prices and supply prices accounting for the remaining. Though nuclear energy doesn’t provide the bottom electrical energy era value, crypto mining would take full good thing about its reliability, power density and geographical flexibility. Crypto-mining farms that use nuclear energy, both by means of collocation with present 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.

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