Heatwave Forces Texas Bitcoin Miners to Shut Down - BitcoinEthereumNews.com
BitcoinPinilit ng Heatwave na I-shut Down ang Texas Bitcoin Miners07 / 11 / 2022Balita ng Ethereum ng BitcoinKey Takeaways Bitcoin miners are turning their machines off following calls for energy conservation by Texas authorities in anticipation of a brutal heatwave. More than 1,000 megawatts worth of Bitcoin mining load were switched off, which accounts for about 1% of the states total grid capacity. Texas has become a major Bitcoin mining hub following Chinas 2021 blanket ban on crypto mining. Ibahagi ang artikulong ito Bitcoin miners are cooperating with Texan authorities to help alleviate the states energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is being redirected towards retail and commercial use. Texas Power Grid Rerouted A heatwave is forcing Bitcoin miners in Texas to shut off. Ayon sa Bloomberg, industrial-scale Bitcoin mining operations have Naka-off their machines in anticipation of a heat wave in Central Texas. Such events habitually drive the price of electricity up and at times severely strain the states power grid, as demand for air-conditioning rises alongside the temperature. Texas Blockchain Association President Lee Bratcher told Bloomberg that “over 1,000 megawatts worth of Bitcoin mining load” were being turned off to respect calls from the Electric Reliability