{"id":46198,"date":"2021-07-16T12:05:27","date_gmt":"2021-07-16T09:05:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46198"},"modified":"2025-09-01T15:07:52","modified_gmt":"2025-09-01T12:07:52","slug":"oklo-to-assist-compass-with-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/oklo-to-assist-compass-with-bitcoin-mining\/","title":{"rendered":"Oklo to assist Compass with Bitcoin mining"},"content":{"rendered":"<p>California-based nuclear plant operator Oklo and mining company Compass have signed a 20-year partnership.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/oklo?ref_src=twsrc%5Etfw\\\">@oklo<\/a> and <a href=\\\"https:\/\/twitter.com\/compass_mining?ref_src=twsrc%5Etfw\\\">@compass_mining<\/a> secure a 20-year partnership to power <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> mining with advanced fission.<a href=\\\"https:\/\/t.co\/EunCwCvHk5\\\">https:\/\/t.co\/EunCwCvHk5<\/a><\/p>\n<p>\u2014 Oklo (@oklo) <a href=\\\"https:\/\/twitter.com\/oklo\/status\/1415314410130706432?ref_src=twsrc%5Etfw\\\">July 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The agreement envisages allocating 150 MW for Bitcoin mining in the first phase. The project is scalable and allows for capacity expansion in the future.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8220;The cryptocurrency mining industry needs to increase its share of green energy. Oklo is ready to meet the commercial demands of its participants&#8221;<\/em>, said Jacob DeWitt, co-founder and CEO of the reactor operator.<\/p>\n<\/blockquote>\n<p>Oklo intends to optimize the design of its power plants to boost competitiveness relative to other renewable-energy providers.<\/p>\n<p>Earlier in July, a similar agreement for Bitcoin mining powered by nuclear energy in Ohio was <a href=\"https:\/\/u1f987.com\/en\/news\/eco-friendly-bitcoin-mining-to-run-on-nuclear-power-in-ohio\">signed<\/a> by mining-infrastructure provider Standard Power and the power-generation company Energy Harbour.<\/p>\n<p>Earlier, created by American miners, the <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-has-no-place-among-the-green-bitcoin-miners\">organization Bitcoin Mining Council<\/a> concluded that the share of renewable energy in the global Bitcoin mining industry <a href=\"https:\/\/u1f987.com\/en\/news\/study-finds-56-share-of-green-energy-in-bitcoin-mining-industry\">stood at 56%<\/a>.<\/p>\n<p>In the community, <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-community-criticises-study-on-green-energy-share-in-bitcoin-mining\">the study was criticised<\/a>, casting doubt on its objectivity.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>California-based nuclear plant operator Oklo and mining company Compass have signed a 20-year partnership.<\/p>\n","protected":false},"author":1,"featured_media":46199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137,1259,26],"class_list":["post-46198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-ecology","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46198"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46198\/revisions"}],"predecessor-version":[{"id":46200,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46198\/revisions\/46200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46199"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}