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A great example of capitalism increasing the quality of life, Thread by @MartyBent on Thread Reader App #9823 https://twitter.com/MartyBent/status/1489038761623179268

Texas based Bitcoin miners are curtailing their load starting TODAY to help provide excess power reserves for #WinterStormLandon. We are proud to help stabilize the grid and help our fellow Texans stay warm. 🤝#Bitcoin

@txblockchain1

Here's the Archive, ... no ads. https://archive.fo/22VGY

On Tuesday morning, Riot voluntarily began to reduce power to Bitcoin mining servers at the Whinstone facility, located northeast of Austin, company spokesperson Trystine Payfer said by email. By Wednesday, the mine had cut energy use by roughly 98%.

[With demand response programs, the] grid operator pays miners when they are asked to shut down or curtail power use.

Whinstone cut power without Ercot officially requesting any reductions

Compute North, a Minnesota-based data center providing crypto mining services, said it’s prepared to shut down an 11 megawatt Texas site to conserve power. Compute North could turn off the Texas center within 10 minutes.