Miners in Texas respond to heatwave and record power demand

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Miners in Texas respond to heatwave and record power demand
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Bitcoin miners in Texas have been powering down amid heatwave and record electricity demand (via catarinalsm)

Due to high temperatures in Texas this week, energy demand set a new record high for the month of June.

."ERCOT expects sufficient generation to meet forecasted demand," ERCOT told The Block via email Thursday. "We curtailed operations on June 7 during the late afternoon and will continue to do so when monitoring usage on the grid as well as rising temperatures," a Bitdeer spokesperson said via email."We power down by using automated software triggers when power costs reach certain price points," they added.for a variety of reasons — one of them being the time it had shut off power due to higher temperatures.

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