Riot Blockchain the Crypto mining firm start relocating their rigs

Moving from its New York data facility,

With the majority intended to end up in central Texas.

In fact, the move comes amid many parts of Texas experiencing temperatures over 100 degrees Fahrenheit,

And power demands rising for air conditioners to keep residents cool.

Additionally, the data from the state’s primary energy provider,

The Electric Reliability Council of Texas, or ERCOT, forecast that prices for its southern hub

Which will include Riot’s facility in Rockdale

Then, it will peak at $95.94 per MW-hour over the next 24 hours.

However, some reports have the suggestion,

They said energy production from wind and solar helped the process

To reduce costs amid increasing power demands.

Moreover, Riot Blockchain said it has transitioned some of its mining rigs from a Massena,

New York facility named Coinmint

It is as part of an effort to reduce the firm’s operating expenses

Through lower power costs and eliminate “all third-party hosting fees.”

Then, the company also decide to finish the plan un July

Ship the balance of its S19 miner fleet at Coinmint,

To Riot’s Whinstone facility in Rockdale, Texas

Furthermore, moving rigs from New York to Texas was part of Riot’s effort

To reduce the firm’s operating expenses

Through lower power costs and eliminate “all third-party hosting fees.”