Riot Lease Requires Anthropic Consent for Voluntary Corsicana Power Cuts
Photo: TokenPost
Riot Corsicana, LLC, a Riot Platforms subsidiary, needs Anthropic PBC’s consent before voluntarily reducing power to Anthropic’s contracted load in Corsicana, Texas, limiting an option Riot has used in its Bitcoin (BTC) mining business. The approval rule also covers enrollment in voluntary demand-response programs. Orders from a utility or grid operator are exempt. The restriction applies to Anthropic’s Corsicana load and does not bar voluntary cuts at Riot’s other mining operations. Riot has used curtailment when credits for returning electricity to utilities exceed the mining revenue it would earn by keeping equipment running.
Source: TokenPost
