Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Lenipiw on September 02, 2020, 05:19:34 PM
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Layer1's plan to sell excess power back to Texans has resulted in 700% profits. Texas crypto miner operator Layer1 Technologies has been able to sell back its power supply for 8X the price.
According to a Sept. 1 Bloomberg report, Layer1 reported nearly 700% profits from selling excess electricity from its 'Bitcoin Batteries' - large-scale energy storage systems used on the firm’s crypto farms in Texas.
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