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Technology
Will Gendron

Bitcoin miners pause operations in Texas to curb blackouts

It’s heating up in Texas as the Summer progresses, with the record for energy usage in the state being shattered twice last week. Last Friday, the state recorded 78,206 megawatts of expended power, breaking the previous record of 77,460 megawatts just a few days earlier on July 5, according to data from the Electric Reliability Council of Texas (ERCOT).

Accordingly, the Lone Star state’s host of Bitcoin mining companies have temporarily halted their machines on Monday, to avoid the threat of blackouts as first reported by Bloomberg.

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