Tag Archives: Riot Blockchain

Crypto miners really don’t want to tell us how much energy they consume

Posted on March 3, 2024 by Charles Kuffner

And for now at least, they don’t have to. U.S. officials this week indefinitely withdrew a survey aimed at gathering information on the crypto-mining industry’s power use, hindering attempts to understand the sector’s impact on grids and energy prices at … Continue reading →

Posted in Legal matters, The great state of Texas | Tagged , , , , , , , , , , | 3 Comments

The real way to make a fortune in cryptocurrency

Posted on January 7, 2024 by Charles Kuffner

Get paid millions to not use electricity. It’s brilliant. When the news broke that Bitcoin mining company Riot Platforms made $32 million by reducing — or being willing to reduce if needed — its energy use last August in Texas, … Continue reading →

Posted in The great state of Texas | Tagged , , , , , , , , , | 2 Comments

The cryptomining surge in rural counties

Posted on November 22, 2022 by Charles Kuffner

Here’s one possible answer to that question I posed the other day. Jacob Rodriguez was driving a John Deere tractor in a West Texas cotton field when he received a phone call that would change his life. “I was pulling … Continue reading →

Posted in The great state of Texas | Tagged , , , , , , , , , , , | 2 Comments

The noble sacrifice of the coin miners

Posted on February 7, 2022 by Charles Kuffner

You’re welcome. Chad Harris got an urgent phone call during last February’s epic Texas winter storm, something he was expecting as the operator of the single largest bitcoin mining and hosting facility in North America. “You need to shed your … Continue reading →

Posted in The great state of Texas | Tagged , , , , , , , | 2 Comments