Texas Paid Riot Platforms $31.7M to Slash Bitcoin Mining in August Heatwave

In the face of a heatwave in Texas this August, Bitcoin mining outfit Riot Platforms slashed its production in the state, receiving $31.7 million in energy credits for the power it would have otherwise consumed. Riot Platforms cut its energy demand by 95% to redirect crucial resources to the local…#riotplatforms #ercot #jasonles #texans #bitcoin #gregabbott #lonestar #jpmorgan #hpc

Source: Reuters: Health - September 7, 2023 Category: Consumer Health News Source Type: news