Questions tagged [ercot]

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KimonoGlory KimonoGlory Fri Aug 30 2024 | 6 answers 1062

Did ERCOT pay a bitcoin miner $31.7 million in energy credits?

Have there been any reports or confirmations that ERCOT, the Electric Reliability Council of Texas, has actually paid a Bitcoin miner the sum of $31.7 million in energy credits? This would be a significant event in the intersection of cryptocurrency mining and energy markets, and it would be interesting to learn more about the details and motivations behind such a payment. If true, what are the potential implications for the future of bitcoin mining and energy consumption?

Did ERCOT pay a bitcoin miner $31.7 million in energy credits?

|Topics at Cryptocurrency Q&A

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