Bitcoin Mining Facility Can stabilize Electric Grid Issue, Says Riot CEO
Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Riot blockchain CEO, Jason Les, believes that his Bitcoin mining facility has tendency to fix Texas Electric Grid issues.
Riot BTC Mining facility is the largest mining facility in North America with a total power capacity of 750 Megawatts. Texas Electric Grid is currently facing sporadic service and fluctuating energy prices. Balance between demand and supply is the way to fix this issue. Riot CEO believes that BTC mining is the best way to sort out this issue.
Jason Les said that BTC mining facility can use excess power in case of excess power and shut down in case of high demand. Les added BTC mining is unique and it can be shut on and shut off frequently without disturbing the system.
Les further added that beside stabilizing Power grid issue mining facility will create jobs and tax revenues. Let's see how the managment takes Les state.
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
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People and governments should be thinking about the positive things crypto mining could bring. How to benefit from that. I remember reading that in Canada they used the heat that mining generates to warm up houses. Nice to read news like this for a while! Thanks!
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One way or the other crypto seems to be on everyone’s lips . It’s nice people are gradually seeing the prospects of the blockchain technology.
I think you should more clearly mark that you have copied the story or you could be marked for plagiarism by Hivewatchers.
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