$SOL Texas Saves $18 Billion With Bitcoin Mining
According to the Digital Assets Research Institute (DARI), Bitcoin mining has saved the state of Texas up to $18 billion by serving as an alternative to building new gas-fired power plants.
After some unfavorable weather in 2021, Brad Jones, CEO of the Electric Reliability Council of Texas (ERCOT), has been looking for alternatives to traditional gas-fired power plants. Mining companies can reduce their energy consumption during periods of high demand, stabilizing the power system and keeping electricity prices low for Texans.
