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The Economics of Mining Bitcoins Using Small Nuclear Reactors
Manage episode 392548429 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/the-economics-of-mining-bitcoins-using-small-nuclear-reactors.
Mining bitcoins using nuclear reactors is the fastest way to finance a transition to green energy. It should happen as soon as possible.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin-mining, #bitcoin-mining-energy-use, #bitcoin-mining-with-nuclear, #bitcoin-mining-with-renewables, #economics-of-mining-bitcoins, #bitcoin-mining-energy-costs, #hackernoon-top-story, #crypto-trading, and more.
This story was written by: @maken8. Learn more about this writer by checking @maken8's about page, and for more stories, please visit hackernoon.com.
Small modular nuclear reactors mining bitcoins for localities around the world could be the fastest path toward an energy transition. Bitcoin mining does not need the energy to be transmitted to any place, nor have it stored for later use, key challenges with scaling renewable energy technologies today. Small modular reactors are easier to build on an industrial scale, just like smartphones.
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