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Texas BTC Miners are faced with further problems after another storm has hit the state: Report
Accordingly, Bitcoin-Miner based in Texas has suffered severe operating disorders due to a snowstorm that was looking for the region. The extreme weather conditions prompted you to switch off your machines to protect the local power grid. The cold winter in Texas surprised Krypto-Miner as reported by Bloomberg, the ice storm that hit the "Lone Star State", damaged some of the equipment from the local Bitcoin mining workers. The electricity consumption increased significantly due to the low temperatures, and these companies had to temporarily close their business to protect the energy network. The weather in Texas is still surprisingly cold, and the authorities forced power restrictions in some areas. Can Zhao - CMO from ...
Texas BTC Miners are faced with further problems after another storm has hit the state: Report
reported reported in Texas based Bitcoin-Miner due to a snowstorm that was looking for the region, severe operational disorders.
The extreme weather conditions prompted them to switch off their machines to protect the local power grid.
The Cold Winter in Texas surprised crypto miner
reported as . The electricity consumption increased significantly due to the low temperatures, and these companies had to temporarily close their business to protect the energy network.
The weather in Texas is still surprisingly cold, and the authorities forced power restrictions in some areas. Can Zhao - CMO from JDK Capital - explained how this affected his company:
"The duration of the restrictions is about six hours a day, starting from Monday. We see a 25 percent loss of computing power compared to a normal day for the website."
Lee Bratcher-President of Texas Blockchain Council-said that the worst affected companies are the miners with mobile containers, "many of which were not weatherproof for the winter storms".
Texas had to endure another snowstorm around Christmas. One of the leading BTC miners in the region-Argo Blockchain-said that the weather conditions had significantly reduced its production power. It dismantled only 147 Bitcoin in December, compared to 198 BTC in November.
Summer could also be dangerous
Argo Blockchain, Riot Blockchain and many other miners based in Texas also stopped operating last summer when a heat wave with temperatures above 40 degrees (Celsius) met the state.
Bratcher revealed that Bitcoin mining load worth over 1,000 megawatts was switched off to save energy for the power grid.
"This is almost the entire Bitcoin mining load on the industrial scale in Texas and enables over 1 % of the total network capacity for retail and commercial use back into the net," he said.
Despite the weather anomalies, the state (with its friendly legislation and low electricity costs) has developed into one of the crypto mining centers in the USA.
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