ERCOT

Mining Monday: Texas Bitcoin Miners Earn Profits from Power Pause

The sweltering Texas heatwaves of August 2023 left an indelible mark on the Lone Star State’s power grid, prompting emergency measures that reverberated across various sectors, with Bitcoin mining taking center stage. As companies like Riot Platforms and Marathon Digital temporarily halted their mining operations, they discovered an unexpected windfall – receiving substantial compensation for […]