𝓻𝓻𝓪 on Nostr: "On the hottest and coldest days, when demand for electricity peaks and the price ...

"On the hottest and coldest days, when demand for electricity peaks and the price soars, the bitcoin miners either sell power back to providers at a profit or stop mining for a fee, paid by ERCOT. Doing so has become more lucrative than mining itself. In August 2023 Riot collected $32m from curtailing mining and just $8.6m from selling bitcoin."

https://www.economist.com/united-states/2024/08/27/why-texas-republicans-are-souring-on-crypto