Crypto Mining Companies Powered by Nuclear

As big tech searches for ways to meet its voracious energy demands and policymakers search for cleaner alternatives to secure energy independence, nuclear has increasingly become a nexus for both Wall Street and Washington. On Capitol Hill, senators and representatives have passed nuclear legislation this year with overwhelmingly broad bipartisan support. In an era defined by bitter partisanship, the Accelerating Deployment of Versatile Advanced Nuclear for Clean Energy (ADVANCE) Act passed the Senate by a vote of 88-2 and passed the House by a vote of 393-13. This followed the House’s Atomic Energy Advancement Act and Senate’s Fusion Energy Act, both of which enjoyed significant bipartisan sponsorship and support. The White House also recently unveiled a framework to deploy 200 GW of net new nuclear capacity by 2050, tripling U.S. nuclear energy capacity. In short, nuclear now enjoys significant support on both sides of the political aisle.