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Bitcoin miners in Texas power off amid heat wave

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Nearly all industrial-scale Bitcoin miners in Texas have shut down their machines in response to a heat wave in the state.

They're responding to a conservation request from the Electric Reliability Council of Texas.

Lee Bratcher, president of the Texas Blockchain Council, said the move by miners "allows for over 1% of total grid capacity to be pushed back onto the grid for retail and commercial use.”

Read more from Bloomberg.

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