A sizzling Texas has turned its power grid into overdrive recently, enforcing emergency procedures into action–affecting first and foremost, Bitcoin miners.

Due to the excessive heat the lone star state suffered, several mining outfits were pushed to turn down their mining operations, albeit temporarily. Riot platforms made news today that it “had been paid” to shut down, along with Marathon Digital, who reported a 9% drop in Bitcoin productions.

The Electric Reliability Council of Texas (ERCOT) was forced to implement emergency procedures during August to ensure that customers were never without energy as a heatwave socrched the state. ERCOT supplies power to roughly 25 million Texans, translating into 90% of the state’s grid load.

Emergency procedures refers to specific power consumers, such as Bitcoin miners, curtailing their energy needs (effectively, shutting off machines).

Bitcoin

Go to Source to See Full Article
Author: Pedro Solimano

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details