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Topic: America's first nuclear-powered bitcoin mining farm - page 2. (Read 294 times)

copper member
Activity: 2016
Merit: 1783
฿itcoin for all, All for ฿itcoin.
Interesting, I had no idea that Nuclear power is much cheaper at 2 cents per kilowatt-hour of power as compared to the U.S. industrial average of 9 cents/kWh or was this just as per the agreement with the nuclear company?

If Nuclear Energy is cheap, why aren't we seeing widespread use of it as compared to fossil fuel?
legendary
Activity: 1610
Merit: 1026
TeraWulf (WULF) has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online representing computing power, or hashrate, of about 1.0 exahash per seond (EH/s).
The company expects to have about another 8,000 rigs energized in coming weeks, bringing capacity at the Pennsylvania-based Nautilus facility to 1.9 EH/s by May, according to a Monday press release.
https://www.coindesk.com/business/2023/03/06/terawulf-starts-nuclear-powered-bitcoin-mining-with-nearly-8000k-rigs-at-nautilus-facility/

TeraWulf Announces Energization and Rapid Deployment of Mining Operations at the Nautilus Facility in Pennsylvania
https://www.businesswire.com/news/home/20230305005096/en/TeraWulf-Announces-Energizatio
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