Kraken is exploring nuclear energy to bolster data center reliability amid surging demand from institutional crypto activities.
Partnering with small modular reactors (SMRs) allows Kraken to integrate nuclear power directly with its data centers, overcoming spatial and weather limitations.
The crypto exchange aims to ensure energy resiliency amidst growing demand from AI and high-performance computing sectors.
Nuclear energy offers Kraken a stable supply crucial for 24/7 global operations in the cryptocurrency market.
Kraken considers nuclear power as potentially more sustainable for data centers compared to weather-dependent alternatives like wind or solar energy.