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A comment on Texas just got closer to blackouts than it has since 2021. What happened?. Parent comment

Re:Texas just got closer to blackouts than it has since 2021... by itsoktocry on Thursday September 07, 2023 @10:48AM (#37419700)
>The Electric Reliability Council of Texas (ERCOT) paid a bitcoin miner $31.7 million in energy credits

Politicians are utterly useless. They all herded to the crypto grift frenzy as if this was going to do anything for the local economy. Wonder how it's turning out? The 2021 fad has subsided, now they are paying customers to mine coins? Beyond stupid.

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Re:Texas just got closer to blackouts than it has since 2021... by SketchySeaBeast on Thursday September 07, 2023 @11:01AM (#37419921)
Did they all get in on the crypto grift frenzy? I know in Canada there's a certain political slant (up to and including the leader of our official opposition who spoke highly of bitcoin) that seemed more enamored with it than the rest.
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Re:Texas just got closer to blackouts than it has since 2021... by polygamous_bat on Thursday September 07, 2023 @11:24AM (#37420304)
> Politicians are utterly useless.

Step 1: get in power. Step 2: make government smaller by dismantling systems made to protect the public. Step 3: grift. Step 4: "See, governments are all grifters! Never vote for people who ask for bigger governments." Step 5: goto step 1

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Re:Texas just got closer to blackouts than it has since 2021... by datadata on Thursday September 07, 2023 @10:58AM (#37419863)
The payment was to not mine coins and thus conserve electricity to more important consumers during times of shortages
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