A report from Data center dynamics (via Techspot) says Talen Energy, a U.S. power company, plans to build a 300 MW cryptographic mining plant and data center next to its Susquehanna nuclear power plant in Pennsylvania.
The business responsible for the cryptographic mining operation, Cumulus Coin, is a subsidiary of Talen Energy and expects the project to go online in the spring of 2022, with the first phase of development with 164 MW of capacity. The goal is to have at least 300 MW of on-site power at the end and the capacity to expand to 1 GW in the future.
Just to give you an idea of how lucrative these cryptocurrency mining operations are, Albany Engineering Corp. in New York said they could make more money in cryptocurrencies at its nearly 200-year-old hydropower plant than provide energy to customers with all the their energy. grid.
Talen told DCD that the larger data center "will provide low-cost, reliable, carbon-free energy to campus data center customers. This allows customers to benefit from carbon-free energy." which is supplied 24/7 directly on campus, without the intermittency that renewable energies may experience or that require fossil fuels. "
Talen Energy says it has already obtained the necessary permits at the municipal and state level to prepare the site for innovation and has applied for permits to begin construction of the first building on Susquehanna’s hyperscale campus as soon as possible.
As the United States continues to expand cryptographic mining operations, China has grown decrease in bitcoin mining that runs on coal-fired power plants in a bid to help reduce its maximum carbon emissions by 2030 and achieve total carbon neutrality by 2060. Repression is also the main reason why there has been an increase in used graphics cards that hit the market in China, along with the recent price drop on Ethereum.
A recent report from Bitcoin electricity consumption index Bitcoin says bitcoin mining uses about 105 terawatts-hours of electricity, which is more than some countries. Some regions of the world are investing in cleaner energy alternatives, such as hydropower and even geotermic energy to drive some of these bitcoin mining operations.
"As energy demand among data center customers and cryptocurrency processors increases, so does the call to decarbonize these energy sources," says a Talen spokesman.
Okay, but I’m forced to ask myself: why? cap of our precious energy resources, nuclear or geothermal or not, intended to generate digital money? (The unsatisfactory answer, of course, is the word “money”).