Nano Nuclear X Digihost to deploy nuclear microreactor

Bitcoin miner and clean energy infrastructure developer Digihost Technology and Nano Nuclear have signed a Memorandum of Understanding (MoU) to deploy a 60MW microreactor at Digihost’s New York power plant. They will collaborate on designing, constructing, testing, and commissioning a microreactor power system and work together on regulatory and licensing activities.

“This MoU with Digihost highlights the demand for innovative, clean energy solutions that will be required to meet the growing power demands of next-generation digital ecosystems, and Nano Nuclear’s ability to meet that demand,” said Jay Yu, founder, chairman, and president of Nano Nuclear. The MoU is nonbinding and aims to establish a framework for a broader strategic relationship between the two companies. The companies aim to foster greater social support for nuclear technology as part of the partnership.

“By leveraging Nano Nuclear’s advanced nuclear reactor technology, we gain the potential ability to scale quickly across our existing power assets following successful initial deployment,” said Michel Amar, CEO of Digihost.