Crypto mining in Texas could be costing energy customers an extra $69 per year on their electrical bills
on Texas' Electric Reliability Council of Texas, or ERCOT, that's an extra $69 per annual bill.
Riot Platforms, which runs the state's largest mine in Rockdale, uses the same amount of electricity as the nearest 300,000 homes, per the"The alleged increase in energy bills was created using a proprietary black box simulation, not real-world data, and the NYT and their sources have not made the data available to the public so that it can be appropriately challenged," a Riot Platforms spokesperson told Insider. In 2021, China cracked down on crypto.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase launches international perps exchange — starting with 5x leverageCrypto exchange Coinbase is officially entering the crypto perps market.
Read more »
ByBit joins crypto exchanges offering crypto lending servicesCryptocurrency exchange ByBit launches lending service to offer interest payouts to depositors and increased loan facilities to traders on its platform.
Read more »
Crypto.com Unveils Amy: An AI-Powered Companion for Crypto Enthusiasts – Bitcoin NewsThe crypto exchange's new AI chatbot, Amy, has been designed to assist users in their quest to learn more about the crypto industry.
Read more »
Willie Nelson makes music with his friends at 90th birthday concertTexans and North Texans helped Nelson celebrate his birthday by doing the same thing he’s done for most of those years: making music with his friends
Read more »
Letters to the Editor — Chuck Carlton, Sen. Bob Hall, Judge Tim O’Hare, Joe Biden, TexansRe: “Respected, hard-working writer leaves a big void — Whatever the subject, Morning News readers could count on Carlton,” Thursday SportsDay obituary. I was...
Read more »
Analysis | NFL draft grades: Texans, Eagles, Seahawks are at the head of the classAnalysis: Some NFL teams made the most of the draft resources available to them over the past three days. Others, not so much.
Read more »