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Talen focused on data center demand as it considers axing crypto business

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NEW YORK : Talen Energy is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company executives said on a conference call on Tuesday.Talen is among a group of U.S.

FILE PHOTO: Cryptocurrency miners are seen in a liquid immersion cooling mining tank at the TMG Core stand during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/File PhotoNEW YORK : Talen Energy is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company executives said on a conference call on Tuesday.

Reuters reported this month that Talen was in a process to sell its bitcoin mining center at the site of a Pennsylvania nuclear power plant

 

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