Crypto Miner Riot Adds Ex-CEO of Texas Grid Operator as Adviser

May 23, 2023, 3:53 PM UTC

Riot Platforms, Inc. has named Brad Jones as the first member of its newly launched advisory board, it said Tuesday.

Jones formerly served as the interim president and CEO of the Energy Reliability Council of Texas, leading ERCOT from May 2021 to November 2022 after a winter storm caused widespread power outages, Riot said. ERCOT operates the state’s electrical grid in a state that is home to many crypto miners.

He also previously held the role of president and CEO of the New York Independent System Operator, according to Riot, which focuses on Bitcoin mining and data center hosting. ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.