Google’s nuclear power plan could revolutionize cryptocurrency mining

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Google’s nuclear power plan could revolutionize cryptocurrency mining

CoinMarketCap10-16

A new paradigm for the production of nuclear energy could change the calculus for both artificial intelligence and cryptocurrency mining, but it requires substantial upfront investment in relatively ...

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An SMR is a nuclear power source with a much smaller infrastructure footprint than traditional fission reactor plants. These so-called “next generation” reactors are also purported to be much safer.A diagram showing energy flow through a small modular reactor. Source: Kairos Power. While small reactors have been around since at least the 1950s, the advent of SMRs could serve as a game-changer for large organizations such as AI training and data centers and cryptocurrency mining facilities.While not every company has pockets as deep as Google-parent corporation Alphabet, the cost of entry for on-site nuclear power is likely to drop as the first generation of SMRs are manufactured and improv","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOOG":"谷歌","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","BK4573":"虚拟现实","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4581":"高盛持仓","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4182":"重型电气设备","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","SMR":"NuScale Power","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","BK4532":"文艺复兴科技持仓","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","KAIR":"Kairos Acquisition Corp.","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0079474960.USD":"联博美国增长基金A","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4527":"明星科技股","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","GOOGL":"谷歌A","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC"},"translate_title":"谷歌的核电计划可能会彻底改变加密货币挖矿","themeId":"2e34dea1f251c64471795be34b6fbaeb","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMR":1,"GOOG":1,"GOOGL":1,"KAIR":0.69},"content_text":"A new paradigm for the production of nuclear energy could change the calculus for both artificial intelligence and cryptocurrency mining, but it requires substantial upfront investment in relatively untested technologies. \nThe US will soon develop and deploy its first commercial small modular reactor (SMR). An SMR is a nuclear power source with a much smaller infrastructure footprint than traditional fission reactor plants. These so-called “next generation” reactors are also purported to be much safer. \n\n\nA diagram showing energy flow through a small modular reactor. Source: Kairos Power\n\n\nSmall modular reactors\nWhile small reactors have been around since at least the 1950s, the advent of SMRs could serve as a game-changer for large organizations such as AI training and data centers and cryptocurrency mining facilities. \nUnlike traditional reactors, SMRs can be manufactured in a factory and then shipped to a client’s location. Functionally, these platforms can be set up to produce as much as 300 megawatts of energy and could feasibly be built almost anywhere. \nCrypto mining’s power problem\nThere are currently hundreds of peer-reviewed research articles available on the subject of cryptocurrency and clean energy. Many large mining companies have begun exploring nuclear power as a safe, clean alternative to traditional energy infrastructure.\nRelated: TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility\nHowever, the primary factors keeping the average cryptocurrency mining facility or artificial intelligence data center from relying on nuclear energy are availability and the high upfront costs of construction. \nSMRs solve some of those problems. They’re purportedly easier to develop, require less maintenance and operational staff, environmentally friendly, and are theoretically substantially more economically feasible over the long term than alternative solutions including large nuclear reactors. However, they still require a significant upfront investment to develop. \nGoogle’s new deal\nKairos Power, a United States-based nuclear engineering company, recently inked a long-term deal with Google to develop and bring the company’s first SMR online “quickly and safely by 2030,” with continuing rollouts planned through 2035. \nMichael Terrell, senior director of energy and climate at Google, lauded the deal as a win for clean energy:\n\n “This landmark announcement will accelerate the transition to clean energy as Google and Kairos Power look to add 500 MW of new 24/7 carbon-free power to U.S. electricity grids.”\n\nGoogle’s commitment to developing what may ultimately become the first commercial US-based SMR manufacturing partnership represents the opening bell for the nascent commercial nuclear power industry. \nWhile not every company has pockets as deep as Google-parent corporation Alphabet, the cost of entry for on-site nuclear power is likely to drop as the first generation of SMRs are manufactured and improved upon over time. \nUltimately, barring a fusion breakthrough, SMRs could be the cryptocurrency mining industry’s most economically efficient and environmentally friendly method for energy generation.\nMagazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}