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US-based Talen Energy Corporation announced on 3 August that, as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, it has entered into a joint venture (JV) with TeraWulf, a US-based bitcoin mining company, to develop up to 300MW of zero-carbon bitcoin mining capacity. The joint venture, Nautilus Cryptomine, will leverage the strengths of both Talen and TeraWulf as they collectively work to advance the convergence of clean energy sources and digital infrastructure assets, Talen said.
- Source: NEI Magazine
- Date: Friday, 06 August 2021
- Original article: neimagazine.com/news/newstalen-energy-announces-zero-carbon-bitcoin-mining-joint-venture-8969053
Texas-based TeraWulf said phase one of the Nautilus Cryptomine facility is a 180-MW bitcoin mining plant which will be built on Talen’s digital infrastructure campus next to its two-unit Susquehanna nuclear station.
The Nautilus Cryptomine will be powered via a direct interconnection to Susquehanna that will provide “low-cost, reliable, zero-carbon electricity”, Talen Energy said.
- Source: Nucnet
- Date: Friday, 06 August 2021
- Original article: nucnet.org/news/joint-venture-will-see-us-mining-facility-powered-by-nuclear-8-4-2021
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