Standard Power will use nuclear energy to mine bitcoins

Energy Harbor Corp., which generates power from nuclear and fossil fuels, has partnered with Standard Power to mine bitcoin in the US state of Ohio.

Standard Power provides services for the placement of equipment for mining cryptocurrencies. Since December this year, electricity from nuclear power plants Energy Harbor will be used to power ASIC miners.

“Thanks to our partnership with Energy Harbor, we have structured the power supply of the equipment in our hosting to ensure that 100% of the energy consumed does not lead to carbon dioxide emissions,” said Maxim Serezhin, General Director of Standard Power.

Nuclear power really does not lead to greenhouse gas emissions, since the fuel is not burned, but is used to heat water and rotate steam turbines. At the same time, nuclear energy is rarely used to mine bitcoin.

Last year, it was reported that bitcoin mining could be launched at nuclear power plants in Ukraine to use excess energy, but since then there has been no information on this issue.

Interestingly, using energy to mine Bitcoin is much more profitable than selling it. The management of a small hydroelectric power plant in Mechaniqueville reported that mining bitcoins is three times more profitable than selling energy.

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