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I predict that in 10 years, a secret nuclear power plant will be uncovered that was built specifically to mine cryptocurrencies. And the construction costs woul
by krasin 5y ago
I predict that in 10 years, a secret nuclear power plant will be uncovered that was built specifically to mine cryptocurrencies. And the construction costs would be 10x lower per Watt of output than what we see in the conventional nuclear (as none of the safety regulation would need to be met).
- hunter-gatherer 5y agoA few years ago I would say that statement is absurd. But now it doesn't seem to fanatical.
- krasin 5y agoI am personally rather a pessimist about the whole thing (despite being a fascinating economical quirk), but yeah: people repeatedly demonstrated that they will do anything for profit. That said, direct coal pit to furnace to mining rig pipeline is going to be developed & prohibited before we see nuclear mining ventures.
- sanp 5y agoGiven that it is 10x cheaper perhaps we will find out earlier...
- post_from_work 5y agoHmmmm.....what about cobbling together RTG batteries to power a mining rig?
- Dylan16807 5y agoVery expensive.
- sandworm101 5y agoConsidering that large RTGs generally pump out less power than is needed to run a modern graphics card I doubt they would ever turn a profit. The RTG in this picture is five feet tall and is probably worth several million. For that you get a total of about 300watts of power. https://en.wikipedia.org/wiki/File:RTG_radiation_measurement.jpg https://en.wikipedia.org/wiki/File:RTG_radiation_measurement...
- rswskg 5y agoA cheap nuclear power plant is very possible. a safe and cheap nuclear power plant (using current tech) - maybe not.