8,000 rigs are spooling up in the Nautilus mining complex as TeraWulf goes nuclear.

The bitcoin mining business TeraWulf has started operating a new “behind the metre” mining plant in Pennsylvania that is entirely powered by nuclear energy.

The American Bitcoin mining startup TeraWulf has launched a new cryptocurrency mining facility in Pennsylvania that is entirely powered by on-site nuclear energy.

In a statement on March 6, TeraWulf announced the Nautilus Cryptomine facility is its first “behind the metre” (i.e., energy is used directly at the source bonus cashback terbesar without passing through the grid) mining operation.

The 2.5 GW Susquehanna nuclear production station on-site provides baseload power to the Nautilus Cryptomine without adding any carbon to the atmosphere.

The Nautilus mining operation currently has “perhaps the lowest cost power in the business, at just $0.02/kWh for a duration of five years,” according to Paul Prager, chairman and CEO of TeraWulf.

The business also disclosed intentions to add an additional 8,000 miners by May, bringing the total number of mining rigs online to over 18,000, or 1.0 exahashes per second (EH/s), of computing power.

In phase one of the new facility, a joint venture with Cumulus Coin, TeraWulf has a 50 megawatt (MW) stake; however, future stages will allow for the installation of an additional 50 MW of BTC mining power.

The Nautilus Cryptomine is anticipated to reach 300 MW when finished and will be among the biggest mines in North America, according to TeraWulf’s website.

The Nautilus Cryptomine project, which was first revealed back in August 2021, is the result of a collaboration between Talen Energy Corporation, a power generation and infrastructure firm, and TeraWulf’s nuclear mining facility business.

The 180-MW “Nautilus Cryptomine” was constructed as part of the joint venture’s first phase on Talen’s campus for digital infrastructure, which is situated next to its nuclear power plant.

With the aim of using only zero-carbon energy, TeraWulf produces domestic BTC using nuclear, hydro, and solar energy.

Because there have been intense discussions about the environmental and energy impacts associated with mining crypto assets, worries about the potential environmental effects of BTC mining have increased.

A two-year prohibition on the establishment of new fossil fuel-powered Bitcoin miners in New York was enacted last year.

The purported environmental impact of cryptocurrency was the subject of governmental action in Europe in October as well.

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