Crypto Miner Will Use Batteries to Ease Strain on Texas Grid

Crypto Miner Will Use Batteries to Ease Strain on Texas Grid

Lancium Inc., which develops cryptocurrency infrastructure, signed a deal with a Texas battery-storage provider that will allow it to continue mining without putting stress on the state’s grid when demand spikes.

A unit of Broad Reach Power LLC will supply power for Lancium’s Fort Stockton 25 megawatt facility in West Texas, according to a statement Thursday.

rosc-bdorg