Bitcoin Mining Boosts Texas Grid Stability, Saves $18 Billion For The State

1/30/2025 2:06:30 PM

(MENAFN- Investor Brand Network) Texas has found an unlikely ally in its battle for grid stability-Bitcoin mining. A new report by the Digital Assets Research Institute (DARI ) reveals that Bitcoin mining has saved the state an astonishing $18 billion by reducing reliance on its traditional gas peaker plants. This innovative solution is proving to be not only cost-effective but also environmentally advantageous.

The Texas electrical grid has faced serious challenges in recent years, including the devastating 2021 winter storm that led to widespread blackouts. Historically, grid operators have used gas peaker plants to handle spikes in electricity demand. However, these plants are expensive, inefficient, and emit...

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