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BREAKING: Texas grid operator explains Bitcoin miners like Riot Platforms, Inc. participate in a competitive electricity market, and as a flexible load they reduce peak consumption.

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Pierre Rochard

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43,728 просмотров • 2 лет назад •via X (Twitter)

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Bitcoin miners are helping ERCOT balance supply and demand, lowering ancillary service costs and improving the Texas energy market.💡 Watch Riot CEO Jason Les in his recent panel discussion at North American Blockchain Summit | November 2026:
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I argue bitcoin mining electricity consumption and capital expenditure may have peaked, present the argument as a testable hypothesis, and discuss the long-term implications for bitcoin, mining, and AI.
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