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Layer1 Stabilizes Texas Grids With ‘Bitcoin Batteries’

Layer1 Stabilizes Texas Grids With ‘Bitcoin Batteries’

U.S.-based Bitcoin ( BTC) mining datacenter operator Layer1 Technologies has deployed its mining containers as “Bitcoin Batteries” comprising large-scale energy storage systems. Layer1 asserts that its bitcoin batteries will help stabilize Texas’ seasonally volatile energy market by releasing electricity to meet demand.