02-06-2023 13:30 via kxan.com

How does cryptocurrency mining affect the Texas power grid?

AUSTIN (KXAN) – Everything is bigger in Texas, including cryptocurrency mining operations. Texas is currently home to the largest cryptocurrency mining facility in North America and, of all the facilities in the state, accounts for about 15% of mining worldwide, according to researchers.  NEXT: This one thing could prevent El Niño formingAttached to these mining operations is a Texas-sized use of power. In order to “mine” for cryptocurrency, computers must run compu
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