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No Bullshit Bitcoin | 1 years ago (raw) | export | reply | flag +5 
 ERCOT Paid Riot Platforms $7 Million to Shut Down During Heat Wave in August

- "In August, Riot provided over 84,000 megawatt hours of energy to the market in Texas to reduce overall demand, lower consumer prices, and stabilize the grid during a heat wave. This ensured that consumers did not experience disruptions during extreme temperatures."

https://www.nobsbitcoin.com/texas-paid-riot-31-7-million-to-shut-down-during-heat-wave-in-august/
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jasonc741 | 1 years ago (raw) | root | parent | reply | flag 
 Haven’t read the article yet, but the headline is misleading. ERCOT hosts an energy market. Retail energy providers purchased Riot’s energy contracts on the ERCOT market, other energy sources were more expensive or unavailable at those times.
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jerrud | 1 years ago (raw) | root | parent | reply | flag 
 Excellent. They should probably tell all of the normies. Like, hey everyday folks, look at all this money they paid us to not operate. woo-hoo! Normal people will really understand and feel good about it. 🤦‍♂️