Could nuclear power help bitcoin mining?

That puts a bigger spotlight on bitcoin, which is estimated to have emitted 86.3 million tons of carbon in 2022. Nuclear power may be able to help. 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.

Will terawulf be 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.

Should bitcoin miners move to carbon-free energy resources like nuclear energy?

Though it may be a small start, “the move by bitcoin miners to carbon-free energy resources like nuclear energy reflects emerging concerns in the cryptocurrency industry about ensuring their operations are green,” Gilbert says.

Why do miners mine bitcoin?

In addition to lining the pockets of miners and supporting the Bitcoin ecosystem, mining serves another vital purpose: It is the only way to release new cryptocurrency into circulation. In other words, miners are basically "minting" currency.