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Texas Paid a Bitcoin Miner $31.7 Million to Use Less Electricity – Texas Monthly

Paying Bitcoin companies to turn off their energy-gobbling computers is apparently our best plan to keep the power on for the rest of us.

TexasUnited statesRockdaleDallasCorsicanaJason lesTed cruzGreg abbottReliability council of texasTexas legislatureGovernor greg abbottElectric reliability councilColorado based riotCollege station

Bitcoin Miner Riot Platform Made a Record $31 Million From Power Credits in August

Bitcoin Miner Riot Platform Made a Record $31 Million From Power Credits in August
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Bitcoin miner Riot Platforms narrows losses in Q2, earns more power credits

Colorado-based Riot recorded a net loss of $27.7 million in Q2, compared with a net loss of $353.6 million in the same quarter last year, its earnings showed.

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Crypto SPACs Wither On The Vine As Wall Street Rally Leaves Them Behind

Transactions worth $6.7 billion remain uncompleted. Capital markets remain ‘inhospitable’ to digital assets.

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New Texas Crypto Mining Campus To Use 1 Gigawatt Of Energy, Enough To Power A City

A crypto mining data center near Dallas will use one gigawatt of power, the latest mega-campus in a state that is aggressively courting crypto miners.

RockdaleTexasUnited statesNew yorkNavarro countyFort worthChinaHoustonDallasJason lesTed cruzMattie parkerBloombergData center dynamicsLone star stateDallas fort worth

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