Texas, US to suspend 99% of cryptocurrency miners… winter storm preparedness

Texas, US to suspend 99% of cryptocurrency miners… winter storm preparedness

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[Blockchain Today Correspondent Kim So-yeon] The Texas Blockchain Council has announced that “operations may be suspended or reduced for additional power supply depending on the needs of the Texas Electricity Reliability Commission (ERCOT).”

According to Cointelegraph, “Landon,” the fourth storm in the US this winter, is expected to hit parts of Texas this week, prompting major Texas cryptocurrency mining companies to power up their power grids to prepare for high demand for the region’s power grid. plans to block

On the 26th (local time), Trystine Payfer, communications director of Riot Blockchain, told Cointelegraph, “The company’s data center has already started reducing power supply from the 25th. and 99% of the power was cut off.”

Additionally, Bitcoin (BTC) mining companies representing the Texas Blockchain Commission wrote a letter to Texas Governor Greg Ebott, informing them that they were actively cooperating with ERCOT’s demands and planning to suspend or reduce company operations.

According to Director Payfer, the amount of electricity used by major Texas-based mining companies under ‘normal conditions’ is about 1 gigawatt, and as of the 26th, Texas residents were using a total of 35,016 megawatts. You have enough power to proceed. However, ERCOT forecasts that this demand could rise by more than 42% over the past 27 days to as high as 49,786 megawatts if the temperature drops to its lowest point (roughly 08C in Dallas).

Meanwhile, Texas experienced the worst blackout for millions of residents due to the impact of a winter storm that struck once in a decade last year. are attracting

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