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US-based Oklo on 14 July announced a 20-year commercial partnership with Compass Mining, the world's first online marketplace for Bitcoin mining hardware and hosting. With increasing power consumption from bitcoin mining, the partnership between Oklo and Compass aims to introduce advanced fission to supplement fossil fuels and promote diversity and sustainability in the energy sources used by miners. Oklo’s advanced fission powerhouses will provide baseload power for Compass’s Bitcoin mining machines, starting in the early 2020s. Oklo is committed to supplying at least 150 MWe to Compass in the first phase of this partnership, helping drive the sustainability of Bitcoin mining practices.
- Source: NEI Magazine
- Date: Wednesday, 21 July 2021
- Original article: neimagazine.com/news/newstwo-us-companies-seek-to-use-nuclear-for-bitcoin-mining-8912205
Oklo Inc has announced a 20-year commercial partnership with Compass Mining, the world's first online marketplace for bitcoin mining hardware and hosting. Oklo’s "advanced fission powerhouses" will provide clean, reliable and affordable baseload power for Compass’ Bitcoin mining machines, starting in the early 2020s.
- Source: World Nuclear News
- Date: Friday, 16 July 2021
- Original article: world-nuclear-news.org/Articles/Oklo-to-power-Bitcoin-mining-machines