Sentiment: Negative
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Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
By Andjela Radmilac at 2026-10-09 13:43
Sentiment: Negative
Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day after demand hit 87,403 megawatts and erased the 85,508-megawatt mark that had stood since Aug. 10, 2023. Neither afternoon saw an appeal for energy conservation, and the system […] The post Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Mining #Bitcoin mining #ERCOT #grid stability #miners #power curtailment #power grid #texas
Source CryptoSlate