Re:Texas power emergency heat wave
by landmass on Sunday September 10, 2023 @01:41PM
(#37458114)
If there hasn't been a study of the negative effect of inviting crypto miners to use cheap energy I'm not surprised. It would probably show a huge negative effect and Texas isn't interested in disagreements with its power policy. They have carefully shielded ERCOT from having to show transparency. Industry and crypto mining are paid to reduce power usage during ERCOT-declared emergencies but ordinary user are not.
[ Parent
| on HN ]
I was skeptical but what you said is real: https://www.cnbc.com/amp/2023/09/06/texas-paid-bitcoin-miner...
This is utterly disgusting.