Bitcoin miners are pausing activity as Texas braces for power grid failure - Markets Insider


7/11/2022 12:00:00 AM2 years 9 months ago
by Brian Evans

Bitcoin miners were already under pressure from cratering crypto prices. Now, a heat wave is pushing some of the biggest miners to pause operations.

Bitcoin mining heavyweights are pausing operations as the Texas energy grid buckles and state officials warn of rolling blackouts, Bloomberg first reported. A heatwave in the state is pushing its po… [+1401 chars]

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