Nuclear power, particularly small modular reactors (SMRs), promises to make on-site nuclear installations more practical, potentially affecting AI and crypto mining developments.
Google and Kairos Power Plans
Google plans to build seven small nuclear reactors in the US in partnership with Kairos Power. The goal is to utilize 500 megawatts of power to support Google's AI systems. The first reactor is expected to be operational by 2030.
Technology of Small Modular Reactors
SMRs offer several advantages over traditional nuclear plants: they require less space, are safer, and more cost-efficient. The modular approach allows reactors to be factory-produced and installed on-site, making them convenient for placement almost anywhere.
Impact on Crypto Mining
SMRs could solve energy issues in crypto mining by providing cleaner and more affordable power. Although the initial investment remains substantial, SMRs offer the possibility of commercial development of small reactors, opening up new opportunities in crypto mining.
Google's partnership with Kairos Power to develop small modular reactors could significantly alter the crypto mining landscape by providing cleaner and more affordable energy.