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Oh good, someone's opening a nuclear-powered crypto mining facility


(Image credit: EPIC)
A report from Data Center Dynamics (via Techspot) says Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center next to its nuclear Susquehanna Steam Electric Station in Pennsylvania.
The business responsible for the crypto mining operation, Cumulus Coin, is a subsidiary of Talen Energy and expects the project to come online in the spring of 2022, with the first phase of development having 164MW of capacity. The goal is to have at least 300MW of onsite power by completion and the ability to expand to 1GW capacity in the future. ....

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Nuclear-Powered Crypto-Mining To Begin In Pennsylvania Next Year


by Tyler Durden
Thursday, Jul 15, 2021 - 08:20 PM
Amid the heated debate over Bitcoin s environmental impact in the mining space, nuclear power could be the perfect renewable energy source to power mining operations.
It s no secret that bitcoin mining takes a massive amount of electricity. It s estimated that energy consumption exceeds the power consumption of countries like the Netherlands and the UAE. 
With the push towards ESG-Friendly bitcoin mining operations, US power company Talen Energy has been given the green light to mine cryptocurrencies using nuclear power from Susquehanna Steam Electric Station based in Allentown, Pennsylvania, according to Datacenter Dynamics.  
A spokesperson for Talen said Cumulus, a subsidiary of Talen Energy, has two separate businesses: Cumulus Data, focused on hyperscale data center; and Cumulus Coin, focused on digital currency mining. ....

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