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News@lemmy.world · 10 months ago

Texas paid bitcoin miner more than $31 million to cut energy usage during heat wave

www.cbsnews.com

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Texas paid bitcoin miner more than $31 million to cut energy usage during heat wave

www.cbsnews.com

stopthatgirl7@kbin.social to

News@lemmy.world · 10 months ago

To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

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10 months ago

In its most recent quarter, it had a loss of roughly $27 million

Not anymore, apparently. I’m sure the Texas taxpayers are grateful.

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