Electricity Prices Surge With Heat Wave
Typically temperatures tend to peak in July and August, but this week they have already hit record levels for this time of the year in places like Houston, Minneapolis and Philadelphia.
"It's certainly an extreme weather pattern," said Accuweather.com meteorologist Dave Houk. "From Texas, Oklahoma, Kansas up to Arkansas, the big heat has been the most persistent and it comes in waves across the northern.
Related News
Bitcoin mining uses so much electricity that 1 city could curtail facility's power during heat waves
MEDICINE HAT - On the day of the grand opening of the largest bitcoin mining project in the country, the weather was partly cloudy and 15 C. On a Friday afternoon like this one, the new facility uses as much electricity as all of Medicine Hat, Alta., a city of more than 60,000 people and home to several large industrial plants.
The vast amount of electricity needed for bitcoin mining is why the city of Medicine Hat has championed the economic benefits of the project, while environmentalists say they are wary of the significant energy use.
Toronto-based Hut 8 has spent more…
