Google’s nuclear power plan could revolutionize cryptocurrency mining
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 15 2024Small Modular Reactors (SMRs): The US is set to develop its first commercial small modular reactor, which offers a safer and more efficient nuclear energy solution for industries like artificial intelligence and cryptocurrency mining, despite requiring significant upfront investment.
Google's Partnership: Google has partnered with Kairos Power to expedite the development of SMRs, aiming to add 500 MW of carbon-free power to U.S. electricity grids by 2030, potentially lowering costs for on-site nuclear power in the future.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
