Some thermophiles and psychrophiles have developed the ability to resort to specific defense mechanisms to quell stresses like toxicity of heavy metal ions or metals. Some of them could survive and grow even at high metal ion concentrations and are capable of binding large quantities of metallic cations. Moreover, some of these microorganisms are able to synthesize nanoparticles. The remarkable ability of these group of microbes to reduce heavy metal ions make them one of the best candidates for nanoparticle synthesis. In this chapter, thermophilic and psychrophilic microorganisms used in nanoparticle biosynthesis are presented. The aim of chapter is to make a reflection on the current state and future prospects and especially the possibilities and limitations of the use of extremophiles in bio-based technique for industries.