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Riot Platforms power strategy reaps $31.7M in Texas energy credits

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  • Post category:Akiba / CryptoSlate

Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy credits system, earning a substantial $31.7 million in August alone. According to a report by CNBC, Riot voluntarily adjusted its operations during the state’s record-breaking heatwave, thus significantly reducing its power consumption and gaining advantage […]

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