Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response credits for August. Bitcoin Mining’s Win-Win: Riot […]
Riot Showcases Demand Response Strategy: Bitcoin Mining's Role in Strengthening Texas Energy Grid
Bitcoin.com - 7 Sep 2023 22:30
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response credits for August. Bitcoin Mining’s Win-Win: Riot […]
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