Jan 26, 2023

First nuclear-powered Bitcoin mine to start operations in US this year

Posted by in categories: bitcoin, computing, nuclear energy, sustainability

This will reduce carbon emissions from mining operations but is that the only way?

TeraWulf, a Minnesota-headquartered company, will become the first entity in the U.S. to power its Bitcoin mining operations with nuclear energy, CNET.

Luza studios/iStock.

Over the years, the puzzles have become more difficult to crack, and miners have dedicated greater computational resources in their bid to earn the coveted new coin. This, in turn, has increased the power consumption of the Bitcoin industry, making it less sustainable than beef farming, and it is estimated to have emitted 86.3 million tons of carbon in 2022 alone.

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