Texas Bitcoin Miner Made Millions More in Power Credits Than Actually Selling Bitcoin

Share
  • August 3, 2022

At least one big bitcoin mining operation in Texas that was not actually mining much bitcoin during this season’s record-breaking heat netted millions of dollars in profits—more than they would have if they just kept on mining without any shutdowns. It’s thanks to power purchase agreements signed with the local grid,…

Read more…

Source : Texas Bitcoin Miner Made Millions More in Power Credits Than Actually Selling Bitcoin