List of Flash News about GraphCast
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2025-11-17 23:13 |
Google AI Weather Models Raise Forecast Accuracy and Speed: Trading Impact on BTC Miners, Energy Prices, and GOOGL
According to the source, Google's GraphCast produces 10-day global forecasts in seconds and has outperformed ECMWF’s high‑resolution system on most verification targets. source: Google DeepMind MetNet‑3 delivers state‑of‑the‑art 24‑hour precipitation forecasts with higher skill than traditional numerical baselines for short‑range rain prediction. source: Google Research These accuracy and speed gains can directly influence BTC miner curtailment and hedging, as Riot Platforms reported earning 31.7 million dollars in power credits by curtailing usage during Texas heat waves in August 2023. source: Riot Platforms August 2023 operations update Weather risk is tradable via CME temperature futures and options that hedge degree‑day exposure, making higher‑fidelity forecasts immediately actionable for energy and commodity desks. source: CME Group ERCOT notes that extreme temperatures materially increase load and scarcity risk, linking better weather forecasts to power price outcomes that affect large‑scale mining operations. source: ERCOT Seasonal Assessment of Resource Adequacy |