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Riot Bitcoin Mines profits $31.7M While Texans Suffer Extreme Heat - Vimarsana News

Riot Bitcoin Mines profits $31.7M While Texans Suffer Extreme Heat

Washington, DC (September 7, 2023)—While Texans suffered from record-breaking extreme heat this summer and sky-high electricity bills, Riot Platforms, a Bitcoin mining company, was getting paid by Electric Reliability Council of Texas (ERCOT) for simply shutting down. In August alone, Riot made $31.7 million dollars in energy credits for cutting back its energy use. That