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Thread: Nuclear Powered Cryptomine

  1. #1

    Default Nuclear Powered Cryptomine

    https://world-nuclear-news.org/Artic...-Susquehanna-c

    I used to work at Susquehanna. The industrial / commercial load is so devastated - they built their own load.
    They just hated giving power away and decided to run servers.
    - UPDATED-
    2.4 BILLION people still cook with manure as their fuel.
    3.0 BILLION more people will be born in the next 30 years.

    IEA, Number of people without access to clean cooking by scenario, 2021-2030, IEA, Paris

    More energy. Not less.

  2. #2

    Default

    Looks like there's more to this bitcoin business than you understand.
    I know it's more than I understand.
    I do see that there's plenty of large corporations including here a corporation using it's nuclear reactor power to add incremently to it's bottom line mining bitcoin. The bitcoin mining part is important, you don't see this level of investment in mining any other crypto(maybe a little Etherium). It's also not a huge investment of unfathomable monies, the entire value of all the bitcoin in the world is less than one corporation(Apple, or Google, or Tesla) is valued at. It's more an investment in the technology of the blockchain, which uses bitcoin as it's money reward.
    This is not just losers in mom's basement buying bitcoin with unemployment or federal covid relief checks.
    Last edited by insidedealer; 01-20-2023 at 10:52 PM.

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