” The LōD team has been instrumental to Cholla’s success in West Texas. Together, we are reshaping the narrative on flexible loads with our “Texas Hedge” strategy. By operating our Bitcoin mine as a real-time index price taker, we capitalize on opportunities like negative pricing during wind and solar abundance to be the best partner to the ERCOT Grid. LōD has enabled us to maintain all in below-market electricity prices by consistently avoiding rare, but high priced events. This mutually beneficial approach supports grid reliability, ensures we have the lowest cost operations, and redefines how large power consumers can be an asset to grid operators. “