Thursday, March 28, 2024
Home > News > Bitcoin News > CBIT to Deploy Crypto Miners at 360 Mining’s Off-Grid Texas Site

CBIT to Deploy Crypto Miners at 360 Mining’s Off-Grid Texas Site

Cathedra said the agreement makes it the first publicly listed miner utilizing both on- and off-grid energy. Off-grid energy can allow bitcoin miners to escape some criticism of destabilizing the electricity grid due to the power consumption involved while also providing the option of selling power to the grid should it be advantageous to do so.

Source