Bitcoin miners, under fire for their sizable environmental footprint, are forging partnerships with owners of struggling nuclear-power plants with electricity to spare. The matchups have the potential to solve key issues facing each industry, executives and analysts say: Electricity-hungry bitcoin miners want stable and carbon-free power, while nuclear plants facing competition from cheaper power sources need new customers.
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Bitcoin miners eye nuclear power as environmental criticism mounts
“At the core of bitcoin mining is energy and energy infrastructure,” said Paul Prager, chief executive of TeraWulf.
