Cryptocurrency Mining Strains North American Power Grid
NERC identifies cryptocurrency mining as a key stressor on the North American power grid, with Texas at the forefront, highlighting the need for policy reevaluation.
![image Kikyo](https://image.coinlive.com/24x24/cryptotwits-static/48f86a806b49016229dd4b6320571c14.png)
NERC identifies cryptocurrency mining as a key stressor on the North American power grid, with Texas at the forefront, highlighting the need for policy reevaluation.
The announcement, dated August 24, explains that the nation faced a parched climate during the initial half of 2023, leading to intensified heat that subsequently amplified the demand for electricity.
I measure their strength based on direct bitcoin production costs, operating cash flow, and balance sheet.
The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.
Duke Energy, the second largest electric power provider in the United States, is reportedly considering bitcoin mining. According to reports, ...
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable.
Crypto mining is a safe, legitimate experience enabling individuals to earn passive income and potentially build wealth from their investments. ...
As Bitcoin mining operations require more high degree of electricity than any other consumers, County Public Utility District (PUD) Commissioners ...
As the market inches towards what looks to be a bear market, bitcoin investors are looking towards other blockchain avenues ...
Kosovo’s economy minister tweeted that confiscating cryptominers “will save tens of thousands of euros per month” and provide energy for “hundreds of Kosovar households.”