Tag: ERCOT
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![What are the hidden costs of Riot Blockchain’s (RIOT.Q) Texas expansion?]()
What are the hidden costs of Riot Blockchain’s (RIOT.Q) Texas expansion?
Riot Blockchain’s (RIOT.Q) latest addition to their Bitcoin mining and hosting empire, to the tune of 1 gigawatt in Texas, isn’t good for either Bitcoin or the environment, or you. Granted, not everything Riot’s doing is horrible. They’ve managed to offset a good chunk of their electrical bill by adding immersion cooling to their equipment,…
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![The Crypto Climate Accord and a carbon free future for cryptocurrency]()
The Crypto Climate Accord and a carbon free future for cryptocurrency
We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a…
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![Why your crypto bets are down and what’s to be done?]()
Why your crypto bets are down and what’s to be done?
Bitcoin’s down almost half of its high point mark achieved earlier this year, and naysayers are chuckling about the things they’ve always known about the currency. Like they always do whenever crypto hits the skids, which it does ever so often. It’s a common occurrence, and common enough that folks involved will keep quiet during…
