Representative Picture

US-based power company Talen Energy will develop a nuclear-powered mining facility and data center adjacent to its "Susquehanna Steam Electric Station", a nuclear power station on the Susquehanna River in Pennsylvania state of the US. 

Notably, Susquehanna Steam Electric Station is one of the largest nuclear power plants in the US.

The project, which is due to come online in Q2 2022, will provide low-cost, reliable, carbon-free power to the data center clients on campus. This allows company's clients to benefit from carbon-free, 24/7 power being supplied directly to the campus, without the intermittency that renewable energy can experience, or requiring fossil fuels.

Cumulus, which is a subsidiary of Talen Energy, has two separate businesses --- Cumulus Data, focused on hyperscale and Cumulus Coin, focused on digital currency mining. Talen Energy also holds USPTO trademark of CUMULUS COIN™, which is intended to cover the categories that include mining, generating, and managing cryptocurrency.

The company has already secured permits for the site and commenced construction. The upcoming nuclear-powered facility will have 164MW of capacity during development, and once complete, will reach 300MW provided by dual 1+GW nuclear units and two independent substations. The on-site power has the potential to reach 1GW.

"As the demand for energy increases among data center and cryptocurrency processing clients, so does the call for decarbonizing these energy sources. Talen Energy is constructing a hyperscale data center campus adjacent to its Susquehanna nuclear generation facility," a company representation said.

To recall, last month Twitter's CEO Jack Dorsey-led payment company Square Inc announced that it is collaborating with blockchain company Blockstream Mining ('Blockstream') to build a solar-powered bitcoin mining facility.

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