Generative Data Intelligence

Tag: ERCOT

Can Riot Platforms Weather Crypto Winter With Increased Bitcoin Production?

KanawatTHRiot Platforms (NASDAQ:RIOT), previously Riot Blockchain, is without doubt one of the premier Bitcoin mining corporations from a profitability perspective (I’ve lined this agency...

1.5M houses could be powered by the energy Texas miners returned

During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local...

Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid

Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas...

Amid the arctic blast, Texas miners voluntarily shut down or curtail operations

Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or...

Inaccurate U.S. Senate Testimony Misleads Lawmakers, Public About Bitcoin

This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy.On December 14, the U.S. Senate Committee on...

Unpredictable electricity cost could have caused Argo’s troubles

As rumors about Argo’s possible bankruptcy continue to spread, more information about what caused the company’s troubles are unraveling.The U.S.-based Bitcoin...

Exchange Files for Bankruptcy & Music NFTs – News Roundup

Last week saw crypto lawsuits held against celebrities, tighter cryptocurrency regulations in the EU and the arrest of a Russian crypto Ponzi scam artist,...

Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid

On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT...

Mining Bitcoin Profitably Has Never Been Harder

Miners face an absolute bloodbath in their attempts to acquire bitcoin profitably as hash rate and electricity costs continue to rise while prices remain low.

Riot Blockchain Earns a Lot of Money for Scaling Back Crypto Mining Energy Use

Riot Blockchain, Inc. is a company that both hosts and mines bitcoin units. In a recent announcement, the company said it received more than...

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