JUST IN: 🇺🇸 America's first nuclear powered #Bitcoin mining farm in Pennsylvania announces FULL deployment of miners 👏
Discussion
The Future is Now! Thats great news.
Let's go, PA!!! #keystonestate
Pennsylvania knows what's up.
link to article?
so stupid
Why?
Because its the most expensive type of energie. But the difficulty adjustment will eventually make this unprofitable.
Also bc of the risks involved.
I believe it’s one of the cheapest, and also THE safest form of energy. Where are you getting your information from?
Well, there is no company in the world that insures the risk of nuklear power plants.
You need high security against terrorist.
Human errors or bad maintenance could in the worst case cause a nuclear meltdown.
We have waste, which stays for so long that we don't know how to store it safely. So that even generations after us can read the danger signs we put on it.
I didn't searched for good sources, but this is good enought https://en.m.wikipedia.org/wiki/Cost_of_electricity_by_source . You can find sources with a higher quality for sure, but the result should be the same/simular.
I highly recommend the book “Fossil Future” by Alex Epstein. It’s a great read and goes in depth into all of this much better than I am able to.
The important thing to remember is that energy generation is a comparison. While those are legitimate externalities of nuclear, you didn’t do any analysis of those externalities versus the externalities of hydrocarbons, solar, or wind. The amount of waste from all the nuclear energy we’ve ever used could fit inside a football field for example. I’m not saying it’s perfect, but the relative input goods and relative safety of nuclear make it both the cheapest and safest source of power of any energy source when it is allowed to compete in a free market.
The football field may seem little, but you have to take in concideration how little of radioactiv material can contaminate hudge areas for decades. In german forests there are still mushrooms you can't eat, because they are still contaminated from wind that was blown from chernobyl to Germany 40 years ago.
Do you have any sources on the cheap price argument? You mean world wide, I assume?
I live in Germany and here it was around 0.50€ compared to solar and wind which are around 0.08€. But government regulations could make it more expensive here compared to the global average. But my source above was global.
Also when I see how France is struggling with there nuklear power plants rn, I am quite happy we didn't took that path.
Didn’t Germany spend 500B on wind farms? Part of the problem with price calculations is that they don’t account for the enormous subsidies behind the construction of hydrocarbon alternatives.
I agree that radiation can spread further than a football field, but we are very capable of mitigating it’s risks and managing it properly. One horribly manage collapse in an authoritarian communist country is not a reason to stop pursuing nuclear as a form of energy.
When I talk about it being the cheapest form of energy, I’m talking about in a free market based on the amount of inputs required for the amount of energy produced. One nuclear power plant on one square mile of land can produce the most energy with the least inputs and the least negative externalities.
Also I apologize for my first NOSTR typos, fired this one off too quickly 🤣
Well, for mining the electricity price will be the most important. Nothing else.
The one with the cheapest energy can stack more hashrate, increase the difficulty by that and push anyone paying more for electricity out of the mining business.
Also speaking of independency, once we you setup renewable energy plants(we don't count nuklear to that) you don't depend for infinty on countries like Australia and Russia to deliver you uranium.
This is some Type-1 Civ shit right here.
+1 for humanity!
This is good news! Nuclear power plants work best at a steady power output. BTC mining is a great way to load balance the grid so the nuclear plant output isn't wasted during times of low power demand.