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Texas Bitcoin Miners Face Damage, Higher Power Costs From Ice Storms

(Bloomberg) -- Bitcoin miners in Texas are suffering from yet another storm as they scale back operations due to spiking electricity costs while facing damages on their machines from the extreme weather.Most Read from BloombergNational Archives Releases R

(Bloomberg) -- Bitcoin miners in Texas are suffering from yet another storm as they scale back operations due to spiking electricity costs while facing damages on their machines from the extreme weather.Most Read from BloombergNational Archives Releases Records Tied to Trump Classified Documents8,000 Layoffs Don’t Exactly Scream Family ValuesAdani Stock Crash at $92 Billion as Collateral Worries GrowPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Intel Slashing CEO, Managers’ Pay

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© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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