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Re:How Texas is becoming a Bitcoin mining hub by ameminator on Saturday February 12, 2022 @02:53PM (#30315727)
We'll see how that holds up, especially since the Texas power grid seemed especially strained in the last little while.
Re:How Texas is becoming a Bitcoin mining hub by walrus01 on Saturday February 12, 2022 @03:11PM (#30315927)
It's OK, if it gets too cold in Texas you can always fly to Cancun for a while, as shown by the example of some notable local politicians who espouse a "the free market will fix everything" philosophy.
Re:How Texas is becoming a Bitcoin mining hub by ameminator on Saturday February 12, 2022 @03:21PM (#30316005)
Haha I don't live in Texas and it always did seem strange to have key infrastructure privatized in the way that they did.

To be fair, however, almost no community is ready for the effects of climate change (despite the reporting). In fact, most people have trouble with statistically rare events, so it doesn't surprise me. It's hard to say whether a government-managed endeavor would have been more prepared if I'm being completely honest.

Re:How Texas is becoming a Bitcoin mining hub by twalla on Saturday February 12, 2022 @03:57PM (#30316367)
Pretty sure I've made this comment before but one of the main reasons Texas runs its own grid is to avoid the need to meet federal regulations, which ironically and also unsurprisingly, contain winterization guidelines.
Re:How Texas is becoming a Bitcoin mining hub by ameminator on Saturday February 12, 2022 @04:21PM (#30316624)
I did not know that! Very interesting! Although, I do think that having some differentiation makes sense.

For example, I'm sure Vermont's winterization needs would look very different than Texas'.

Re:How Texas is becoming a Bitcoin mining hub by scotty79 on Saturday February 12, 2022 @04:03PM (#30316441)
If you can place a bitcoin miner next to a wind turbine then state of the grid is not an issue.
Re:How Texas is becoming a Bitcoin mining hub by b3nji on Saturday February 12, 2022 @03:07PM (#30315881)
Not many people seem to know that the power grid issue wasn't to do with the power grid...

I think Texas will do well with crypto from what I understand.

http://adam.curry.com/art/1613521813_mxdUgmnT.html

Re:How Texas is becoming a Bitcoin mining hub by mikeyouse on Saturday February 12, 2022 @03:18PM (#30315985)
That’s straight nonsense from some bizarre “Texit” secession advocate.

https://energy.utexas.edu/sites/default/files/UTAustin%20%28...

Texas lost 30,000 MW of thermal power plants due to thermal maintenance and thermal forced outages (Page 18). In the face of unprecedented (but not unpredicted) demand, they had to load shed like crazy to save their grid.

It’s not a complicated story and has literally nothing to do with EPA clean air regulations.

Page 34 gives the breakdown by power plant type.. poorly prepared natural gas pipelines and power plants were essentially entirely responsible for the outage.

Re:How Texas is becoming a Bitcoin mining hub by ryanfreeborn on Saturday February 12, 2022 @03:18PM (#30315978)
Your source is a Texas-secessionist rant with no citations? Do you have any actual objective reviews of why the power grid issue happened?
Re:How Texas is becoming a Bitcoin mining hub by mindslight on Saturday February 12, 2022 @03:29PM (#30316073)
tldr - blames federal regulations limiting (coal) pollution that easily travels across state borders. skips any examination of why Texas doesn't have enough plants meeting modern pollution standards.