Crypto miners in Texas shut down operations as state experiences extreme heat wave
— Operations, Core, Texas, Extreme, Wave, Heat, Energy, Mining, Crypto, Shut — 1 min read
Electric Reliability Council of Texas called on Texas residents and businesses to conserve electricity with “record high electric demand” expected on Monday. Many crypto miners in the Lone Star State have already announced they have already scaled back or shut down operations in anticipation of demand Texas’ energy grid may not be prepared to handle. In a Monday announcement on Twitter, crypto miner Core Scientific said it had powered down all its ASIC servers located in the state until further notice "to provide relief to people in Texas" In June, Riot Blockchain said it planned to “ship the balance of its S19 miner fleet” from New York to Texas, and Switzerland-based crypto mining firm White Rock Management announced it will be expanding its operations to the United States. Source