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.
Nano Nuclear aims to deploy the microreactor in 2031 to align with its expectations for licensing and deployment. The reactor will subsequently replace Digihost's existing energy infrastructure.
The site is located in North Tonawanda, New York. It currently comprises a 60MW combined cycle power plant that utilizes gas and steam turbines.
Before deployment, the partners will assess Digihost’s location, initiate site preparations, and develop a comprehensive, phased implementation strategy. They will also 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.
Digihost is an energy infrastructure company that develops energy solutions to power high-performance computing, Bitcoin mining, and other energy-intensive industries. Digihost has an operating capacity of 90MW across three power plants.
Nano Nuclear is a small modular reactor developer specializing in microreactor technology. The company is developing two products: Zeus, a solid-core battery reactor, and Odin, a low-pressure coolant reactor.
In July, Nano Nuclear signed an MoU with Blockfusion Ventures, an affiliate of crypto mine firm Blockfusion USA, Inc., to use nuclear energy to power its data centers. Under the terms of the MoU, Nano Nuclear will explore the potential integration of its microreactor technology into Blockfusion's Niagra Falls data center in New York.
SMRs have gained significant traction within the data center sector as tech companies scramble for clean, reliable capacity to power their operations.
In October, AWS signed three agreements with Energy Northwest, X-Energy, and Dominion Virginia to support the deployment of over 600MW of power across Washington and Virginia.
Before this, Google signed a corporate agreement to purchase nuclear energy from multiple SMRs from Karios Power, with an expected deployment date in 2030.