May. 21 at 1:58 PM
$RIOT Texas was blasted by an unusually early heat wave from March 16 to March 26, and that kind of early‑season stress on ERCOT is exactly what turns Riot Platforms into a cash‑earning powerhouse. When the grid starts overheating in March, it usually signals a long, brutal summer ahead — and every emergency curtailment event lets RIOT power down miners and rack up premium Texas power credits. The track record is undeniable:
$27M in 2022,
$71.2M in 2023,
$50–60M in 2024, and
$40–80M in 2025 depending on heat intensity. With 2026 already breaking records before spring even ended, RIOT is positioned for another year of outsized Texas credit revenue as the summer heat ramps up. Texas heat doesn’t just scorch the state — it mints money for RIOT