Could nuclear energy power bitcoin?

Indeed, Elon Musk, who has been critical of Bitcoin’s energy use, recently suggested nuclear could be a viable alternative power source for bitcoin mining. Here’s a look at the early signs of interest in nuclear energy powering Bitcoin and whether or not the trend is likely to have much potential for the future.

What is bitcoin mining power and how does it work?

Power savings led to the evolution of mining farms and the Bitcoin mining industry as it is known today, where Bitcoin mining power is controlled by a mining few more commonly known as the Bitcoin Cartel.

Is terawulf the first nuclear-powered bitcoin mine in the US?

Cumulus Data has completed a data center connected to Pennsylvania's Susquehanna nuclear power station, with plans to this year begin hosting the space for Bitcoin mining company TeraWulf. The center's completion, which was announced last week by Cumulus Data, sets it up to be the first nuclear-powered bitcoin mine in the US.

What kind of energy does bitcoin use?

The major energy used by the Bitcoin network is coal (in light of off-grid data, it is unclear if there is sufficient evidence for this conclusion)