Bitcoin miners shut down their equipment due to heat wave in Texas

Key facts:
  • Temperatures in the US state of Texas have reached 40 degrees Celsius.

  • Bitcoin miners help stabilize supply and demand on the power grid.

High weather temperatures in the US state of Texas generate high peak demand for energy, and Bitcoin miners are helping balance the regional power grid.

According to a report From the Riot Blockchain facility in Rockdale, Texas, this company It would have turned off a good part of its equipment today so as not to require more energy from the local electrical system.

According to states Riot in a press release, its current mining power is 4.6 exahashes per second (EH/s), which represents 2% of the total processing power of the Bitcoin network. Riot claims to have 43,458 operational miners.

In the video, a Riot Blockchain employee is seen turning off the power plant..

Right now, a heat wave in the state of Texas has brought the temperature to about 40 ° C, which raises the demand for energy for air conditioning and refrigeration in domestic and industrial environments.

The city of Rockdale, with just 5,000 inhabitants, is located 1 hour from the city of Austin, which has almost 1 million inhabitants, and there, Riot Blockchain has one of the largest Bitcoin mining plants in the world.

You have to think about this: these are virtually electrical power plants, and the important thing is that in seconds they can be turned off or turned on when the electrical network needs our support. Every day this week, between 3 PM and 7 PM, we have shut down the plant upon notification.

Chad Harris, Head of Business at Riot Blockchain.

In what could be a first publicly released tour of this important Bitcoin mining plant, the fact that much of the equipment is submerged in coolanta technique that saves energy to maintain the temperature of miners or ASICs (specialized).

According to Jason Les, CEO of Riot Blockchain, the facilities have “the ability to be flexible enough to feed power back into the grid when there is high demand.”

For now, the hashrate or total processing power of Bitcoin has not changed enough to attribute any responsibility to Riot Blockchain in a hypothetical decline.

CriptoNoticias reported today June 9 that Bitcoin hashrate has risen in a few days more than the total accumulated by 1 single pool or pool of miners, to currently total 235 exahashes per second (EH/s).

Subscribe to Noti Hash, CriptoNoticias’ Bitcoin mining newsletter.

See also  US Regulators Investigate Celsius, State of Vermont Says It's 'Deeply Insolvent'

Leave a Comment

Your email address will not be published.