As of Monday, all major miners in Texas have shut down due to the high temps outside. Much of the US and other places around the world are facing a heatwave.
Texas became a major hub within the US for miners once China forced the shutdown of mining and the growth has been immense but these temperatures are making things difficult for them. Some believe this is not in good faith and rather the cause of the prices making it too high to actually mine where miners are seeing more value in giving back the energy they would normally consume.
Texas became a major hub within the US for miners once China forced the shutdown of mining and the growth has been immense but these temperatures are making things difficult for them. Some believe this is not in good faith and rather the cause of the prices making it too high to actually mine where miners are seeing more value in giving back the energy they would normally consume.