US is creating bitcoin farm powered directly by nuclear power plant

In the near future the first bitcoin farm will be launched in the U.S., which will be powered directly from the nuclear power plant. Experts hope that such farm will be more environmentally friendly and will reduce carbon dioxide emissions.

Bitcoin company TeraWulf will mine on a new data center platform built by Cumulus Data near the Susquehanna Steam Power Plant in Pennsylvania.

Until recently, Bitcoin was considered one of the least environmentally friendly cryptocurrencies. By some estimates, Bitcoin mining produces about 0.1 percent of the world's CO₂ emissions, and from its creation until 2022. As of September 21, its mining has resulted in 199.65 million tons of carbon dioxide equivalent emissions.

When Ethereum's mining algorithm was changed from proof-of-work to proof-of-share, this resulted in a 99% reduction in CO2 production and once again highlighted Bitcoin's environmental nature. After this, of course, many people began to realize that something had to be done about Bitcoins. However, it is unlikely that this cryptocurrency will follow the same path as Ethereum, so we need to look for greener energy sources for mining, which include solar and wind power plants, as well as nuclear power plants.

According to some estimates, the bitcoins that would come from the TeraWulf farm, which has a direct connection to a nuclear power plant, would be fairly close to zero carbon emissions. But there are other calculations that say nuclear power is roughly comparable to renewable energy sources in terms of CO2 emissions. Experts said that it is unlikely that there will be energy sources that are completely free of greenhouse gas emissions, since the production of equipment and logistics will be accompanied by carbon dioxide emissions in one way or another. However, these emissions will indeed be much lower than in more traditional approaches to cryptocurrency mining.