Holy biased reporting, Batman!

...the company is losing so much money that it’s counting on energy credits from selling power back to the Texas grid to keep its costs under control.

...it earned $31.7 million in energy credits last month from Texas power grid operator ERCOT. The company generated the credits by voluntarily curtailing its energy consumption during a record-breaking heatwave. ...

The Electric Reliability Council of Texas... has a relatively simple and mutually beneficial relationship with bitcoin miners. The agency, through established “demand response” programs, pays miners to reduce their power so as not to overstress the grid when air conditioners need to run at full blast. In addition to summer difficulties, ERCOT also failed during the fatal winter storm of early 2021.

So which is it? Are they keeping costs under control or are they helping to ensure the grid doesn't fall down because they're good citizens?

For years, Riot has been powering down operations at its Rockdale mine... to help ease the burden on the state’s grid.

So which is it? are they relying on this to keep costs under control this year, or have they been playing friendly ball games with ERCOT for years?

If the grid operators pay the miners a penny more than they would have made from mining in any given hour, then they’ll gladly power down.

Wait, so maybe there was not a need to make the company look bad, and this whole thing is just business-as-usual for them?

Even bitcoin miners that haven’t cut a deal with ERCOT sometimes choose to power down at times of peak consumption when prices shoot higher.

And then . . . the companies that don't profit from it, also shut down? WTF I love mining companies now?

MSNBC, ladies and gentlemen. ::crumpling paper noises::