Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply

Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply


Several bitcoin miners temporarily halted mining operations as energy demand soared in July due to heat waves that swept through the U.S., particularly in Texas. Riot curtailed 11,717 megawatt hours in July, enough to power 13,121 average homes for a month, Les said, adding that it lowered power costs for the company.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend