Tech

Kraken Considers Nuclear Energy to Power Data Centers

Learn how Kraken, a leading tech company, is exploring the use of nuclear energy to efficiently power their data centers, potentially revolutionizing the industry.

Published

3 months ago

July 2, 2024

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Kraken is contemplating the use of nuclear energy to power its data centers, in light of the anticipated growth in decentralized finance (DeFi) and the increasing demand for its services. Chief Technical Officer Vishnu Patankar revealed in an exclusive interview with CoinDesk that the company is exploring potential partnerships with energy providers that can offer nuclear power through small modular reactors (SMRs). These reactors, which can be situated alongside data centers, do not face space or weather constraints.

“With institutions entering the crypto asset class and activities shifting on-chain, the necessity for reliable fiat onramps is expanding,” mentioned Kraken’s CTO. “Enhancing our energy resiliency establishes a direct path into the crypto ecosystem, supporting its ongoing expansion.”

The crypto exchange is seeking to secure its energy supply due to the significant surge in demand from artificial intelligence (AI) and high-performance computing (HPC) firms, which is reshaping the power stability landscape, according to Patankar. Kraken is investigating nuclear power options in North America and Europe.

“The global and round-the-clock nature of crypto necessitates a continuous energy supply for Kraken, especially as we facilitate a larger portion of global trading volumes,” Patankar explained. Considering the 24/7 requirements of operating a cryptocurrency business and the anticipated widespread adoption of crypto, Kraken is evaluating how it can expand its business in terms of energy supply and latency.

Nuclear Backup Plan

As more tech companies explore collaborations with nuclear operators to power data centers to meet the needs of artificial intelligence, Kraken’s exploration of this concept aligns with the trend. The Wall Street Journal recently reported on firms like Amazon Web Services seeking agreements with nuclear plants to power data centers.

The escalating demand from power-intensive AI companies has led bitcoin miners to shift their focus from crypto mining to providing infrastructure for these firms. Core Scientific (CORZ) recently secured a deal with artificial intelligence company CoreWeave.

“Having a nuclear backup ensures that Kraken can continue its operations even in the event of a major disruption to local energy supply,” highlighted Patankar. “It introduces redundancy and safeguards our energy resiliency, enabling us to deliver products and services around the clock to clients worldwide.”

While a final decision is pending, Kraken is actively considering nuclear power as an option, as alternatives like wind and solar energy are weather-dependent and energy storage presents challenges. Despite criticisms about the energy consumption of the crypto industry, nuclear energy could offer a more environmentally friendly solution in this case. Excess energy produced by the reactors can be utilized to power the data centers’ cooling systems.

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Tech

Tesla Semi Fire: NTSB Preliminary Report Released

The NTSB’s preliminary report on the Tesla Semi fire has been released. This content includes important information about the details of the incident, the causes of the fire, and Tesla’s safety measures. Explore the impact on Tesla’s electric vehicles and its future steps.

Published

1 day ago

September 17, 2024

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The National Transportation Safety Board (NTSB) released a preliminary report stating that a Tesla Semi electric truck in California required firefighters to use “50,000 gallons” (approximately 190,000 liters) of water to extinguish a roadside fire. Firefighting teams also deployed an aircraft to drop fire retardant on nearby areas as a precautionary measure to control the fire.

The accident occurred on August 19 at 3:13 AM local time on the I-80 highway east of Sacramento. The electric truck went off the road while navigating a curve, collided with a roadside boundary marker, and then struck a tree, coming to a stop. Fortunately, the driver was not injured in the accident; however, considering their health condition, they were taken to the hospital.

The Tesla Semi’s large 900 kWh battery caught fire upon impact, and toxic smoke began to spread during the fire. While the fire continued with temperatures reaching up to 538°C, firefighters worked intensively to cool the blaze with water. However, due to the fire’s effects, the vehicle continued to burn until late in the afternoon. Meanwhile, Tesla sent a technical expert to the scene regarding fire safety and high voltage hazards.

The highway reopened to traffic at 7:20 PM local time, 16 hours after the accident. The NTSB, as an organization that can only make recommendations and cannot enforce regulations, sent a team to the area for investigation purposes. This major accident raised several issues, including dangerously hot fires and toxic smoke, which will attract the attention of many international organizations.

The NTSB had previously stated in 2021 that fires in the batteries of electric vehicles pose serious risks to emergency response teams and that the guidelines provided by manufacturers for such fires are inadequate.

Tech

New Leaks and Features About the Samsung Galaxy S25 Ultra

Discover the latest leaks and features about the Samsung Galaxy S25 Ultra. Equipped with new technologies and advanced features, this smartphone elevates the user experience to a new level. Check it out for details!

Published

1 day ago

September 17, 2024

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New Leaks About Samsung Galaxy S25 Ultra

Samsung is expected to introduce the Galaxy S25 Ultra along with the Galaxy S25 series at the beginning of 2024, likely in January. Although no official announcement has been made yet, leaks regarding the upcoming flagship continue to spread rapidly on the internet. Notable leak source IceUniverse shared several new visuals of the Galaxy S25 Ultra in a post on the X platform. These visuals reveal the design differences between the Galaxy S25 Ultra and the Galaxy S24 Ultra.

One of the notable features in the leaked images of the Galaxy S25 Ultra is the rounded corners of the phone. In contrast, this year’s Galaxy S24 Ultra has quite sharp corners, which has led to feedback from some users indicating discomfort while holding the device. Previous leaks have suggested that the Galaxy S25 Ultra may be somewhat larger.

A tweet shared by IceUniverse: Galaxy S25 Ultra Image

According to leaks, the Galaxy S25 Ultra is expected to be thinner and lighter compared to previous models. In August, rumors emerged that the upcoming Galaxy S25 Ultra would be lighter than its competitors, with a weight of under 221 grams.

Another image featured in IceUniverse’s post shows close-ups of the sides of both next year’s expected flagship phone and Samsung’s current flagship. In this image, the side of the Galaxy S25 Ultra appears flatter with rounded corners. While these changes may not create a major revolution, they will generally positively affect the feel of the phone in hand.

Looking at other rumors about the Samsung Galaxy S25 Ultra, it is expected that the company will offer top-tier screen and camera upgrades next year. Additionally, there is a strong expectation that the satellite connection feature will also be introduced alongside the Galaxy S25.

Tech

iOS 18 Officially Released: Innovations and Features

iOS 18 has been officially released! This update, packed with new features and innovations, elevates the user experience to the next level. Check out our article for details and discover the new offerings of iOS 18!

Published

1 day ago

September 17, 2024

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iOS 18 Officially Released: Here Are the Innovations!

Apple officially launched iOS 18 yesterday, as promised. After a long beta testing phase, this update brings many exciting new features for iPhone users.

iOS 18 Officially Released: Innovations and Features

New Features in iOS 18

Advanced Customization Options on the Home Screen: With iOS 18, users can now arrange app icons freely without sticking to the traditional grid layout. Additionally, there’s an option to change the colors of the icons and adjust their darkness levels. In short, you are no longer bound to a boring layout. It raises questions why Apple waited until 2024 to offer this feature.
Revamped Control Center: The Control Center is completely redesigned in iOS 18. Users will be able to group controls more comfortably, and developers can easily add controls from their applications. Also, there’s an option to divide the Control Center into pages, allowing different controls on each page.
RCS Messaging Support: With iOS 18, Apple introduces Rich Communication Services (RCS) messaging support. Users can add various effects to their texts and react with new emojis for more colorful responses.
Updated Photos App: The Photos app is presented with a new opening page and a modern layout. Users can now browse photos by time, people, and many other criteria, reorder media files, and explore more with the “Collections” feature.
App Lock Feature: Users can now lock specific applications. For example, they can activate Face ID protection from the menu that appears when long-pressing an app icon. Thus, anyone wanting to open the app will have to pass the Face ID protection first.
Apple Intelligence: One of the important features of iOS 18 is Apple’s artificial intelligence kit, Apple Intelligence. However, to fully benefit from this feature, you’ll need to wait for the iOS 18.1 update. More information about Apple Intelligence can be found here.

How to Install iOS 18?