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Texas Crypto Miners Shuttering Operations as Winter Storm Approaches

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To be sure, in Texas there are programs available for heavy power consumers such as crypto miners to give them incentives to lower their energy usage during peak demand periods. For example, in exchange for helping ERCOT stabilize the grid, Riot gets to participate in load management programs and other services, including some long-term, lower, fixed-pricing agreements, Payfer said.

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