Riot Platforms says Texas power technique lowered manufacturing prices by $31M

miner Riot Platforms mined fewer Bitcoin in August than July however acquired over $31 million in energy credit. That’s the equal of round 1,136 Bitcoin (BTC), CEO Jason Les identified in a assertion.

Riot acquired an estimated $24.2 million in energy curtailment credit below its contract with Texas grid operator Electrical Reliability Council of Texas (ERCOT) and $7.4 million from ERCOT’s demand response program. These month-to-month credit are larger than the credit the corporate acquired for all of 2022, Les mentioned.

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