Could nuclear energy be the future of BTC mining? Terawulf's new approach

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Gig4L0rdSenior Member
Posts: 234 · Reputation: 1329
#1Dec 21, 2024, 04:46 PM
I came across an article from Bitcoin Magazine that talks about Terawulf starting a nuclear-powered mining operation. They're charging just 0.02 USD per kWh and locking in that price for five years. Right now they're only hitting 1.9 Eh/s, but I can't help but think we'll see a lot more nuclear-powered mining farms popping up soon. What do you guys think might be the downsides? I mean, cheap and stable energy is basically a dream for anyone running a mining farm.
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D4rkFalconSenior Member
Posts: 308 · Reputation: 1050
#2Dec 22, 2024, 07:26 AM
Why is nuclear energy decreasing? Although output has been rising from renewable energy sources and from turbine plants using natural gas, the U.S. nuclear fleet continues to operate at high and consistent utilization rates. Financial pressures from competitive wholesale power markets remain the primary cause of nuclear power plant retirements - https://www.eia.gov/todayinenergy/detail.php?id=51978 is actually decreasing but somehow there is actually an article that have said Is nuclear energy making a comeback? Image result for is nuclear energy increasing or decreasing “Nuclear power is making a comeback,” Fatih Birol, executive director of the International Energy Agency, announced last year. In the final days of 2022, a cold front across the central and eastern U.S. reminded many Americans of the need for reliable nuclear power - https://www.city-journal.org/can-nuclear-power-make-a-comeback
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darkguruHero Member
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#3Dec 22, 2024, 01:38 PM
Um, already being discussed here...
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Gig4L0rdSenior Member
Posts: 234 · Reputation: 1329
#4Dec 22, 2024, 06:26 PM
Yeap I know, but I made this topic 24 hours before the one you mentioned, so that's why I don't lock it
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