From their own press release in July 2022[1] they mined $6.8M worth of BTC, and "earned" $9.8M in power credits. They are literally making more money by abusing

From their own press release in July 2022[1] they mined $6.8M worth of BTC, and "earned" $9.8M in power credits. They are literally making more money by abusing the curtailment incentives then they are from mining itself. And 1k employees is not a lot of employees. 28 million Texans are paying significantly higher electricity prices so a handful of bitcoin mining companies, employing a few thousand people at most, can rake in profits. [1] https://www.riotblockchain.com/news-media/press-releases/detail/135/riot-blockchain-announces-july-2022-production-and https://www.riotblockchain.com/news-media/press-releases/det...