Post
Topic
Board Mining
Merits 1 from 1 user
Re: America's first nuclear-powered bitcoin mining farm
by
FP91G
on 11/03/2023, 12:25:11 UTC
⭐ Merited by Bitcoin_Arena (1)
Interesting, I had no idea that Nuclear power is much cheaper at 2 cents per kilowatt-hour of power as compared to the U.S. industrial average of 9 cents/kWh or was this just as per the agreement with the nuclear company?

If Nuclear Energy is cheap, why aren't we seeing widespread use of it as compared to fossil fuel?
I don't think that nuclear energy is cheap because waste disposal is very expensive. If a company has the opportunity to bury waste on another continent and buy the necessary components inexpensively, then this is profitable. But hydropower looks more attractive.