Heat Dome and Emergency Grid Orders Force Bitcoin Mining Curtailments in Eastern U.S.
By
Terence Zimwara
2h ago· 2 min readenNews
Summary
A record-setting heat dome in the eastern U.S. led to triple-digit temperatures and soaring wholesale electricity prices, prompting the U.S. Department of Energy to issue emergency orders authorizing the PJM Interconnection to deploy additional generation and backup power. These conditions squeezed Bitcoin mining operations in the affected regions, forcing curtailments as miners faced high power costs and grid strain.
Source
bskyHeat Dome and Emergency Grid Orders Force Bitcoin Mining Curtailments in Eastern U.S.news.bitcoin.comKey quotes
· 3 pulledTriple-digit temperatures and soaring wholesale electricity prices reportedly squeezed U.S. bitcoin mining operations.
A record-setting heat dome that recently blanketed the eastern United States and forced the U.S. Department of Energy to issue emergency orders put the heat on bitcoin miners operating within or drawing power from the regions affected by the directive.
The department's directive authorized the PJM Interconnection to deploy additional generation units and tap backup power resources as needed.
Energy Department emergency orders for the PJM grid trigger power curtailments for Bitcoin miners amid a record-setting East Coast heat dome.
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