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1 sat \ 2 replies \ @BTCMiner OP 11 Jul 2022 \ on: Bitcoin Miners Shut Off Rigs as Texas Power Grid Nears Brink | Bloomberg bitcoin
“There are over 1,000 megawatts worth of Bitcoin mining load that responded to ERCOTs conservation request by turning off their machines to conserve energy for the grid.” Lee Bratcher, president of Texas Blockchain Association told Bloomberg in an email response. “This represents nearly all industrial scale Bitcoin mining load in Texas and allows for over 1% of total grid capacity to be pushed back onto the grid for retail and commercial use.”
[ERCOT] has been working with Bitcoin miners, who are required to turn off their mining machines when the state faces energy shortages.
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0 sats \ 1 reply \ @BTCMiner OP 11 Jul 2022
The link for this post is using an archive for the article on Bloomberg's website. An archive has no paywall, no subscription requirement, and can be easier to read. The original article, on Bloomberg's website is:
Texans Asked to Conserve Electricity as Grid Nears the Brink https://www.bloomberg.com/news/articles/2022-07-11/texans-asked-to-conserve-electricity-on-scorching-temperatures#xj4y7vzkg
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1 sat \ 0 replies \ @BTCMiner OP 11 Jul 2022
Here's a corresponding article, on Bloomberg:
Compounding the record demand are low wind speeds, which are keeping the state’s massive fleet of turbines at less than 10% of their potential output.
“There have been no directives for any industrials to curtail involuntarily,” she said.
Roth said drought, which covers nearly 87% of Texas, is adding to the high temperatures. Without much soil moisture the sun’s energy goes directly into heating the air. An area of high pressure stuck over the lower Great Plains into Texas is just magnifying the sultry conditions.
Texans Asked to Conserve Electricity as Grid Nears the Brink https://www.bloomberg.com/news/articles/2022-07-11/texans-asked-to-conserve-electricity-on-scorching-temperatures https://archive.ph/t8ewH
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