Google’s nuclear power plan could revolutionize cryptocurrency mining

The advent of small modular reactors should make on-site nuclear energy economically feasible at scale.

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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. 

The 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. 

A diagram showing energy flow through a small modular reactor. Source: Kairos Power

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