During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid.
It became possible due to the flexibility of mining operations and the ancillary services, provided by the state authorities.
During the days leading up to Christmas, a “bomb cyclone” unleashed extreme temperatures across the United States, leaving millions without electricity and claiming dozens of lives.
Software providers have also begun working with miners to ensure they have the tools needed to properly enable grid balancing.
With its 14% share in Bitcoin hash rate, Texas is among the top states for Bitcoin mining in the United States, along with New York (19.9%), Kentucky (18.7%), and Georgia (17.3%).
Source: Cointelegraph