Submitted by leperpepper t3_10k9fy9 in Pennsylvania
Shad0wSmurf t1_j5pybwa wrote
Reply to comment by Kabloosh75 in America’s first nuclear-powered Bitcoin mining center to open in Pennsylvania by leperpepper
It's actually as an investment venture absolutely viable if bitcoin rising and lowering determine whether it's financially profitable. If you look at it in a narrow scope. Nuclear provided energy is exponentially more expensive on a output level than it is to other methods. The last 2 reactor nuclear power plant was built in the 1980. There has not been any or; rather, very minimal advancement in the area of nuclear derived power and its ability to capture "more" energy than was estimated to produce in the 1970's and then built without any "additional increases" in capabilities or capacity.
The cost of the more expensive energy, paired with PRIVATE electricity rates, that is not being used or paid for to any other company , except for them. They never "pay" for the energy directly , the nuclear radiation have half life's that could potentially be initially purchased and then not need a "refueling" for 30 years. And any "extra" can be sold -- DIRECTLY to companies who pay a HEFTY amount for "backup power".
And they can charge a arm and a leg because who else can provide 100% guaranteed sustained power even as a primary provider. And the "extra" power not sold; is paid for immediately by profits FROM the Miners they have powered. "infinite money" and they will be the first.
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