Energy-guzzling Texas Bitcoin miners voluntarily power down to conserve power during winter freeze
The five Bitcoin miners use enough energy to power multiple cities.
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The five Bitcoin miners use enough energy to power multiple cities.
As a major winter storm descends on Texas, crypto miners are powering down operations to help ease the burden on the state’s already beleaguered power grid.
(Bloomberg) -- Last fall, Texas Governor Greg Abbott gathered dozens of cryptocurrency deal makers in Austin where they discussed an idea that, on its face, seemed almost upside down: Electricity-hungry Bitcoin miners could shore up the state’s power grid, a top priority after a deep freeze last win
/PRNewswire/ -- The Texas Bitcoin Foundation, a 501(c)3 nonprofit organization, has launched to fund and disseminate interdisciplinary research and education...
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