Kraken is considering using nuclear energy to power data centers. 😲 Yes, you heard right, nuclear energy!

The crypto exchange is considering partnering with energy providers that can provide small modular reactors. 🤝 These reactors can be co-located with data centers and are not dependent on location or weather conditions.

“With institutions moving to the crypto asset class and activities moving on-chain, the need for reliable fiat onramps continues to grow,” said Vishnu Patankar, CTO of Kraken. 🚀

Kraken is exploring nuclear energy options in North America and Europe. ⚡️

Nuclear power is considering how it can scale its business in terms of energy supply and latency, due to Kraken's global nature needing constant energy and the mass adoption of cryptocurrencies over time.

Nuclear power allows Kraken to continue operating even if there is a major disruption to the local energy supply. 🛡️

Kraken is expecting a big boom in DeFi, so the firm's energy needs could potentially be much higher in the future. 💥

The final decision hasn't been made yet, but Patankar said Kraken is definitely considering nuclear energy as an option. ☢️

So what do you think? Could nuclear energy be a good solution to meet the energy needs of cryptocurrencies? We are waiting your comments! 🗨️