Photo by Kanchanara on Unsplash
Cryptocurrency miners utilize electricity for mining the currency. See the AGREEN1 May 17 issue for how crypto mining works. Currently, most mining is powered by dirty coal, which is damaging to the environment. That’s a problem. Talen Energy, which owns the Susquehanna nuclear power plant in Pennsylvania, has signed a deal with TeraWulf Inc., a bitcoin mining company. Nautilus Cryptomine is the name of the joint venture. Talen Energy will supply TeraWulf with electricity for mining bitcoin using zero-carbon power.