stopthatgirl7@kbin.social to News@lemmy.world · 1 year agoTexas paid bitcoin miner more than $31 million to cut energy usage during heat wavewww.cbsnews.comexternal-linkmessage-square74fedilinkarrow-up1407arrow-down110file-textcross-posted to: technews@radiation.party
arrow-up1397arrow-down1external-linkTexas paid bitcoin miner more than $31 million to cut energy usage during heat wavewww.cbsnews.comstopthatgirl7@kbin.social to News@lemmy.world · 1 year agomessage-square74fedilinkfile-textcross-posted to: technews@radiation.party
To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
minus-squarealvvayson@lemmy.worldlinkfedilinkarrow-up1·1 year agoBecause normally they make a small profit on the miners. They just didn’t expect prices to shoot up. I am sure they will change their contracts to have contingency clauses for the future.
Because normally they make a small profit on the miners. They just didn’t expect prices to shoot up.
I am sure they will change their contracts to have contingency clauses for the future.