Google to Harness Small Modular Reactors for Clean Energy in Crypto Mining

The nuclear sector is increasingly turning to small modular reactors (SMRs) as a viable solution for on-site power generation.

These reactors, while promising for applications in artificial intelligence and cryptocurrency mining, require substantial upfront investment and carry certain uncertainties due to their newness.

Google has partnered with Kairo Power to build seven SMRs across the U.S., with the first expected to be operational by 2030 and all completed by 2035. This initiative aims to harness 500 megawatts of clean energy to support Google’s AI needs, despite lingering safety concerns from past nuclear incidents.

SMRs are notable for their compact size, enhanced safety, cost-effectiveness, and flexibility for various installations, generating up to 300 megawatts of power. Although challenges such as high initial costs hinder nuclear power’s adoption in crypto mining, SMRs could attract miners looking for sustainable energy solutions.

READ MORE:

War and Inflation Could Propel Bitcoin Prices, Says BitMEX Co-Founder

Overall, Google’s collaboration with Kairo Power could transform the energy landscape for both AI and cryptocurrency mining, showcasing the potential of SMRs in meeting modern energy demands.

Alexander Stefanov