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Multi-Million-Dollar Payments to Bitcoin Miners for Reduced Energy Use Stir Controversy

Multi-Million-Dollar Payments to Bitcoin Miners for Reduced Energy Use Stir Controversy

by OCSC | Sep 20, 2023 | Blog, ERCOT

This push-and-pull dynamic means that crypto miners possess an almost unique ability to both strain grid operations because of their energy-intensive mining operations, and to enhance their own revenues by helping to resolve grid strain....
ERCOT Braces for Stunning Increase in Crypto Industry Power Consumption

ERCOT Braces for Stunning Increase in Crypto Industry Power Consumption

by OCSC | May 9, 2022 | Blog, ERCOT

A gigawatt — or 1,000 megawatts  — is approximately the same amount of power as used by 750,000 homes. ERCOT has tallied more than 17 gigawatts in potential crypto-mining related interconnections by 2026. ________________________________________________ About two...
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