Texas paid bitcoin miner more than $31 million to cut energy usage during heat wave

[ad_1] As a bitcoin mining enterprise, Riot Platforms runs thousands of computers in the energy-guzzling pursuit of minting digital currency. Recently, however, the company got big bucks from Texas to lower the mining operation’s electricity usage. Riot said on Wednesday that the state’s power grid operator paid the company $31.7 million in energy credits in … Read more

Americans snap up AC units, fans as summer temperatures soar higher than ever

[ad_1] Eye Opener: Heat wave in Southwest expands Eye Opener: Heat wave scorching Southwest expands across U.S. 01:51 Americans are scrambling to buy AC units, fans, cooling mats and other products to help beat the heat, as temperatures soar to record highs across the country.  Amazon sales for air conditioners shot up 248% over the … Read more

Utilities are cutting off power to millions of Americans amid rising energy costs

[ad_1] A growing number of Americans are getting their power shut off, as rising costs of living force consumers to choose between keeping the lights on and paying for food, rent or transportation. Last year, utilities cut off power to an estimated 4.2 million households, according to a report released this week from the Center … Read more