CORSICANA, Texas – As temperatures crept above 100 degrees Fahrenheit (37.8 Celsius) on a July day, air-conditioners across Texas churned overtime and demand on the U.S. state’s electricity grid flirted with a new demand record: 80 gigawatts, nearly double the daily average.
But at a recently set-up bitcoin mine in West Texas, the computers were turned off, with only a trickle of power flowing to keep the lights on and the air cool.
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