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How Bitcoin Miners in Texas Are Making Millions Without Mining at All

From decrypt.co

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 ... (full story)

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