Article 6EHVT Texas Energy Grid Paid Bitcoin Miner $31.7 Million to Stop Working Amid Heatwave

Texas Energy Grid Paid Bitcoin Miner $31.7 Million to Stop Working Amid Heatwave

by
Mack DeGeurin
from Gizmodo on (#6EHVT)
6245326fb4891b7e426775028df9accd.jpg

The Lone Star State apparently loves cryptocurrency so much that it's willing to pay mining firms to not do their jobs. One of those mining operations, called Riot Platforms, claims the state's grid operator awarded it $31.7 million in energy credits last month for agreeing to cease operations amid a brutal August...

Read more...

External Content
Source RSS or Atom Feed
Feed Location http://gizmodo.com/rss
Feed Title Gizmodo
Feed Link https://gizmodo.com/
Reply 0 comments