US / Nuclear Startup Oklo Signs Agreement To Power Bitcoin Mining With Reactors

Nuclear Startup Oklo Signs Agreement To Power Bitcoin Mining With Reactors
Oklo is working to make micro-nuclear reactors that would power industrial sites, large companies, college campuses and remote locations. Courtesy Oklo.
Silicon Valley nuclear startup Oklo has signed a 20-year commercial partnership with Compass Mining to power Bitcoin mining with advanced fission.

The partnership between Oklo and Compass – an online marketplace for Bitcoin mining hardware and hosting – aims to introduce advanced nuclear fission to supplement fossil fuels and promote diversity and sustainability in the energy sources used by Bitcoin miners.

Oklo said its advanced fission reactors will provide clean, reliable, and affordable baseload power for Compass’ Bitcoin mining machines, starting in the early 2020s.

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