News about Bitcoin

by COINS NEWS - 2 years ago

Bitcoin miners are cooperating with Texan authorities to help alleviate the state’s energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is being redirected towards retail and commercial use.

You’re missing the actual point here, Cardano can’t help Texas but Bitcoin can. Because normally power companies will only build enough capacity that they can sell most of the power they generate. But in a massive heatwave you need more than 100% of...