“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long.
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Riot Blockchain’s Bitcoin mining productivity dropped 28% YOY amid record Texas heat
“The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les.
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Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required.
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Crypto miners in Texas shut down operations as state experiences extreme heat wave
ERCOT reported that wind generation in Texas was “generating significantly less,” potentially leaving the state unable to meet energy demands during triple-digit temperatures.
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Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad
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Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State
Moving rigs from New York to Texas was part of Riot’s effort to reduce the firm’s operating expenses through lower power costs and eliminate “all
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