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Re:SEC approves Texas Stock Exchange, first new US integrate... by cozzyd on Wednesday October 08, 2025 @08:14AM (#45515303)
Hope they have ample backup power
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Re:SEC approves Texas Stock Exchange, first new US integrate... by runako on Wednesday October 08, 2025 @09:29AM (#45515965)
> expect the state with the largest concentration of energy tycoons and businessmen will figure out how to add grid robustness

This reads like the energy tycoons and businessmen only recently moved to the state, and now they can fix the problems. My understanding is that these energy tycoons and businessmen presided over the creation and deterioration of the Texas grid in the first place.

Re:SEC approves Texas Stock Exchange, first new US integrate... by ajross on Wednesday October 08, 2025 @09:37AM (#45516037)
> grid robustness - a problem solved in nearly all states

Shouldn't that drive the question of why Texas is so bad, though? This argument seems to amount to "Everyone else is better than us, so we must be the experts in fixing the problem.", which seems weirdly backwards.

Re:SEC approves Texas Stock Exchange, first new US integrate... by bluGill on Wednesday October 08, 2025 @09:27AM (#45515945)
Doesn't matter where you are you need that. There is no place in the world where the grid is reliable enough that someone who wants to operate with high reliability can get by without ample backup power. Grid power is normally a lot cheaper than running backup power (that is the capital and maintenance costs are sunk costs, just counting fuel) so it isn't worth disconnecting from the grid despite having enough backup power that you could.
Re:SEC approves Texas Stock Exchange, first new US integrate... by wongarsu on Wednesday October 08, 2025 @10:37AM (#45516673)
There are grids where you are planning for hours of power outage, grids where you plan for days, and grids where you plan for weeks. Texas is in that last category. And you have to ensure your internet uplink has similarly reliable backup power
Re:SEC approves Texas Stock Exchange, first new US integrate... by sethhochberg on Wednesday October 08, 2025 @12:08PM (#45517712)
One of my previous employers only lost our east-coast colo facility twice in their couple decades of existence:

- once when the DC ran out of diesel and couldn't get any more after Hurricane Sandy

- once when the backup generators caught fire and the fire department needed to kill grid power to the facility

Everything else is pretty reliable or easier to decouple from the local real world

Re:SEC approves Texas Stock Exchange, first new US integrate... by qaq on Wednesday October 08, 2025 @11:34AM (#45517322)
some former soviet industrial parks are like that. They had redundant direct lines from say local power plant, a direct line from fairly far geographically removed Nuclear power plant and regular grid. They were classified as critical consumer so hospitals would get cut from the grid before they would.
Re:SEC approves Texas Stock Exchange, first new US integrate... by ToucanLoucan on Wednesday October 08, 2025 @09:33AM (#45516004)
> There is no place in the world where the grid is reliable enough that someone who wants to operate with high reliability can get by without ample backup power.

Yeah but there are grids that are notably worse than others, and Texas' is fucking shiiiiiiit.

Re:SEC approves Texas Stock Exchange, first new US integrate... by caminante on Wednesday October 08, 2025 @09:53AM (#45516238)
I know this sub thread kicked off with snark about regional grids. That said, TXSE will be located in Dallas, a T5 datacenter city.

Why can't it be MORE reliable than XNYS/XNAS?

Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @12:27PM (#45517923)
Because the powers that be in Texas will siphon off funding to make things work better to fund their own projects. "Should we winterize our power grid" Nah, it's Texas where it doesn't get that cold for that long. Should we implement a warning system in an area that is historically known for being prone to flash flooding? Nah, it doesn't happen that often and we have other things to spend money on instead.
Re:SEC approves Texas Stock Exchange, first new US integrate... by caminante on Wednesday October 08, 2025 @03:33PM (#45519746)
I wasn't looking for conspiracies and disconnected facts (i.e., flash flood through a rural, summer camp).

Dallas was a T5 datacenter hub before Uri in 2021 and did well during the storm because they were designed to service level guarantees [0].

It's also silly to claim that TXSE's performance is disconnected from serious TX investors.

[0] https://www.datacenterdynamics.com/en/analysis/how-data-cent...

Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @03:53PM (#45519910)
What conspiracies? These are actual things that happened delivered as a sarcastic dialog that goes to show how the government in Texas behaves. Also, I never claimed anything about investors of TXSE. At the end of the day, it doesn't matter where an SE's data centers are located. They will all need redundancy plans. If you think Texas is a better location than other sites, then you have to focus on what have historically been issues for Texas. If you depend on the state's government doing things other than lining their pockets or at least the favorite pet project's coffers, then you are prone for failing. Those unwilling to study history are doomed to repeat it
Re:SEC approves Texas Stock Exchange, first new US integrate... by caminante on Wednesday October 08, 2025 @04:22PM (#45520176)
I get you're heated about Texas politics.

I'm afraid your comments just come off as an attack on local politicians and their priorities, not the topic of addressing whether TXSE could be more resilient than peers.

Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @05:55PM (#45521050)
The discussion evolved into where the data centers would be and pros/cons of having them in the various locations. I was discussing the cons of a Texas location
Re:SEC approves Texas Stock Exchange, first new US integrate... by __s on Wednesday October 08, 2025 @09:46AM (#45516147)
Tho energy is also a lot cheaper in Texas than NY. If you have to have ample back up regardless, total cost of maintaining consistent power can be lower even when grid quality is lower

(ofc, I'm looking at retail rates, who knows what specific numbers can be cut in contract)

Re:SEC approves Texas Stock Exchange, first new US integrate... by sjm-lbm on Wednesday October 08, 2025 @10:37AM (#45516678)
Is this true though? Texas has had some well-publicized failures (well, really one major one), but as best as I can tell they are more or less middle of the pack on grid reliability[1].

I mean, you'll need a backup generator anywhere, but the report I found (admittedly with just a bit of googling) makes it seem like Texas is a better potential location than quite a few states (including California).

[1] - https://www.citizensutilityboard.org/wp-content/uploads/2021...

Re:SEC approves Texas Stock Exchange, first new US integrate... by darksaints on Wednesday October 08, 2025 @11:16AM (#45517128)
The really major one is the only one that matters. If you are running a datacenter that needs to always be up and running, you're going to need backup power. A power grid that goes down once a decade for multiple weeks is far worse than one that goes down for 5 minutes once a week.
Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @12:30PM (#45517959)
In Texas, if you support those in power with good enough donations, you can ensure that your site does not loose power when the decision is made on who to disconnect. So you can spend the money on back up power equipment, or in donations. Either way, it's going to cost to play.
Re:SEC approves Texas Stock Exchange, first new US integrate... by sleepyguy on Wednesday October 08, 2025 @10:39AM (#45516701)
Yeah, Oncor isn’t great. They do just enough to keep the lights on for regular customers. But I’m pretty sure large data centers negotiate a higher level of service and purchase power at discounted rates. FB, for example, has a massive data center in the Alliance corridor — check out the link. Those trailer-sized units you see along the outside of the building are enormous diesel or natural gas generators — more than a hundred of them, each about the size of a locomotive. They even have their own electrical substation. The scale and redundancy of that place are unbelievable.

https://www.google.com/maps/@32.9832754,-97.2573651,467m/dat...

So I’d imagine they could keep everything running for as long as necessary. I remember during the big winter outage a few years ago, they didn’t have any issues at all.

Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @12:34PM (#45517995)
Each building has 2 large fuel tanks which is where I was expecting to see a fault in the plan. I wonder how redundant the fuel supply is. If building 1 is the only one on generator power and the fuel tanks start to run low, can they easily route more fuel from another building's tanks? Just how paranoid were they with the design?
Re:SEC approves Texas Stock Exchange, first new US integrate... by sleepyguy on Wednesday October 08, 2025 @05:21PM (#45520792)
When ever there is an extended power outage at a facility like this, tankers show up. I would not be surprised if there are contracts with Suncor distribution to have a steady flow of tankers supplying fuel to the facility. There are several fuel distribution hubs throughout the DFW area that supply the local markets including two major airports.
Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @06:03PM (#45521115)
That's a big assumption, and precisely why the tanks are on site. If snowpocalypse events make roads unsafe to drive, those tankers might not be there. There's always a way to think about how something else could go wrong. At some point, you just have to say it is good enough for the money willing to be spent.
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Re:SEC approves Texas Stock Exchange, first new US integrate... by Projectiboga on Wednesday October 08, 2025 @10:27AM (#45516574)
The NY4 data center is on the edge of a tidal marsh (The Meadowlands) in Secaucus NJ, I would be curious to know Hudson County NJ uptime and the uptime for the area near the Texas data center.
Re:SEC approves Texas Stock Exchange, first new US integrate... by ceejayoz on Wednesday October 08, 2025 @10:10AM (#45516396)
ChatGPT is a long, long way from being able to successfully analyze this sort of thing. Texas's failed in a way that caused people to freeze to death that's unlikely to occur in NY.
Re:SEC approves Texas Stock Exchange, first new US integrate... by schmidtleonard on Wednesday October 08, 2025 @10:18AM (#45516481)
Finance eats first and suffers last. That's true in NY but doubly true in TX.
Re:SEC approves Texas Stock Exchange, first new US integrate... by leetharris on Wednesday October 08, 2025 @09:48AM (#45516174)
Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.
Re:SEC approves Texas Stock Exchange, first new US integrate... by avgDev on Wednesday October 08, 2025 @10:00AM (#45516306)
"There have been 263 power outages across Texas since 2019, more than any other state, each lasting an average of 160 minutes and impacting an estimated average of 172,000 Texans, according to an analysis by electricity retailer Payless Power (https://paylesspower.com/blog/blackout-tracker/)"

Also in 2021 210 people died. This is a huge deal. This wasn't just a little outage.

Re:SEC approves Texas Stock Exchange, first new US integrate... by ecshafer on Wednesday October 08, 2025 @10:20AM (#45516506)
That website shows California as currently worse. It looks like Larger states just have more power outages, which is to be expected. Texas also is a weird state that is very large it gets Tornadoes, extreme heat, and hurricanes, while also having several very large metro areas in it. There also isn't anything indicated differences in grid monitoring, are all grids (like large rural grids) monitored to the same levels?
Re:SEC approves Texas Stock Exchange, first new US integrate... by throwway120385 on Wednesday October 08, 2025 @11:23AM (#45517202)
California has power outages as a matter of routine in some places. When I went there the rural areas were constantly experiencing load-shedding power outages and some of the rural lodging advertised that they had backup generators because this is so routine there.
Re:SEC approves Texas Stock Exchange, first new US integrate... by schlauerfox on Wednesday October 08, 2025 @12:49PM (#45518156)
also selective exurban areas, for fire prevention, might be skewing the numbers. our datacenters in the city don't get these outages.
Re:SEC approves Texas Stock Exchange, first new US integrate... by landl0rd on Wednesday October 08, 2025 @12:27PM (#45517925)
We also have a lot more growth in the past few years than most other places, both in relative terms, and in absolute (big state + high growth introduces more absolute friction than small state). Demand is forecast to rise over 20% from 2024 levels vs. an American average under 5%: https://www.eia.gov/todayinenergy/images/2025.07.31/main.svg

We have high power demand in both winter and summer: in the latter, air conditioners use a lot; in the former, about half of Texans heat with electricity because we have less cold and so less usage of cost-effective, grid-preserving furnaces.

Texas has been building a ton of wind and solar to supplement generation capacity and is taking some leadership in the next-gen nuclear stuff for a reliable base load, but in the mean time the shortage of CCGTs is going to bite in a state where demand goes up this much, this fast. SB6 passed this summer also should help with reasonable control and oversight.

Re:SEC approves Texas Stock Exchange, first new US integrate... by Braxton1980 on Wednesday October 08, 2025 @02:07PM (#45518925)
90% of the Texas grid is independent from the rest of the country
Re:SEC approves Texas Stock Exchange, first new US integrate... by leetharris on Wednesday October 08, 2025 @10:05AM (#45516352)
What you talked about is not a Texas grid problem, but a local problem. The Texas grid itself is very reliable.

> Also in 2021 210 people died. This is a huge deal. This wasn't just a little outage.

Yes, a rare storm knocked out power and people died. It is a big deal and a lot of things changed after the event.

But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.

Re:SEC approves Texas Stock Exchange, first new US integrate... by lgregg on Wednesday October 08, 2025 @11:33AM (#45517306)
Yeah, but that isn't really an apples to apples comparison. Texas for example had ~400 heat deaths in 2024 depending on where you look but in 2023 it was 334 or 563 depending on your criteria [1].

>But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.

Most of these deaths are not because of electrification but the fact that homes are built out of bricks and mortar and become ovens with heat waves that get hotter each year and ~10% to ~20% [2] of homes in Europe have air conditioning meanwhile ~95% [3] of homes have air conditioning. Your apples to oranges comparison mostly shows how Europe is generically unprepared for climate adaption (specifically heat resilience) and has nothing to do with electrification stability.

[1] https://www.texasenvironment.org/news-room/heat-related-deat... [2] It's all over the place some places like UK are around 5% adoption while southern Europe can be close to as much as 95% adoption. [3] https://www.eia.gov/consumption/residential/data/2020/state/...

Re:SEC approves Texas Stock Exchange, first new US integrate... by landl0rd on Wednesday October 08, 2025 @12:32PM (#45517981)
It's a perfect apples-to-apples comparison if you level accusations of grid incompetence at Texas. Should all those EU homes suddenly go out and buy AC, EU power grids would have to enact massive load shedding during heat waves. Such waves already push demand up, causing local blackouts and price spikes: https://www.ft.com/content/23b3dc59-b40f-48e2-ad93-e301de7ac...
Re:SEC approves Texas Stock Exchange, first new US integrate... by ohthanks on Wednesday October 08, 2025 @01:57PM (#45518828)
The vast majority of these 400 heat deaths have nothing to do with the power grid. They are people living outdoors, roofers, elderly, etc. When the temps hit 105+ for long periods there are bound to be people who don't have access to AC or overexert themselves outdoors.
Re:SEC approves Texas Stock Exchange, first new US integrate... by dingnuts on Wednesday October 08, 2025 @10:26AM (#45516570)
what changed? they just started sending out mass texts telling you to save energy on hot days. that's all that changed.

the same clowns all got reelected even. the meme about the grid being unreliable is mostly a meme but I haven't seen any admission from locals that they need better climate preparedness

Re:SEC approves Texas Stock Exchange, first new US integrate... by vel0city on Wednesday October 08, 2025 @11:39AM (#45517373)
Considering we've now routinely used more energy than the peak that knocked it over in '21, a lot has changed.
Re:SEC approves Texas Stock Exchange, first new US integrate... by bpodgursky on Wednesday October 08, 2025 @10:30AM (#45516614)
Texas has installed a vast number of solar and battery backup systems since 2019. And it will be a few years, but is going HEAVILY into nuclear (and for the next 3.5, is going to get auto-approval to actually build them. ERCOT is changing fast, don't rehash stale narratives.
Re:SEC approves Texas Stock Exchange, first new US integrate... by SoftTalker on Wednesday October 08, 2025 @11:18AM (#45517147)
Also wind, more than 40GW installed capacity, leading the USA and ahead of many other countries.
Re:SEC approves Texas Stock Exchange, first new US integrate... by dreamcompiler on Wednesday October 08, 2025 @11:43AM (#45517407)
Only as long as the Texas politicians don't sabotage wind. Texas businesses make lots of money on wind, but the legislature and governor absolutely hate it.
Re:SEC approves Texas Stock Exchange, first new US integrate... by terminalshort on Wednesday October 08, 2025 @01:44PM (#45518708)
So about one every 9 days that affects 0.55% of the population. So in a 3 year window a Texan has about a 50% chance of losing power for 2.5 hours. Seems pretty good to me.
Re:SEC approves Texas Stock Exchange, first new US integrate... by burnt-resistor on Thursday October 09, 2025 @04:43AM (#45525108)
Having experienced the Snowpocalypse and mini Snowpocalypse, weeks of 2019 PG&E PSPSes, and the 2000–2001 CALISO-Enron rolling blackouts, it's ridiculous for those in glass houses to throw stones.

Improper deregulation never ends well.

Re:SEC approves Texas Stock Exchange, first new US integrate... by coherentpony on Wednesday October 08, 2025 @10:02AM (#45516321)
> Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.

Texas had the most number of power outages between 2019 and 2023 [1].

It wasn't one time. And it's not a joke. Infrastructure weatherization is a very real overlooked (and expensive) investment that still has not taken place.

[1]: https://www.congress.gov/118/meeting/house/116952/documents/...

Re:SEC approves Texas Stock Exchange, first new US integrate... by leetharris on Wednesday October 08, 2025 @10:07AM (#45516369)
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Re:SEC approves Texas Stock Exchange, first new US integrate... by ceejayoz on Wednesday October 08, 2025 @10:28AM (#45516583)
Maybe you got a bit lucky.

https://en.wikipedia.org/wiki/2021_Texas_power_crisis#Backgr...

> In 2011, Texas was hit by the Groundhog Day blizzard between February 1 and 5, resulting in rolling blackouts across more than 75% of the state… Following this disaster, the North American Electric Reliability Corporation made several recommendations for upgrading Texas's electrical infrastructure to prevent a similar event occurring in the future, but these recommendations were ignored due to the cost of winterizing the systems.

> Unlike other power interconnections, Texas does not require a reserve margin of power capacity beyond what is expected. A 2019 North American Electric Reliability Corporation report found that ERCOT had a low anticipated reserve margin of generation capacity and was the only part of the country without sufficient resources available to meet projected peak summer electricity demand.

Re:SEC approves Texas Stock Exchange, first new US integrate... by vel0city on Wednesday October 08, 2025 @11:43AM (#45517421)
If I hadn't been reading headlines I wouldn't have even known about the 2011 blackout, and I was definitely here for that. Things were pretty much normal for everyone around me and friends around the state (Houston, Austin, DFW, Lubbock, San Antonio, etc). The Superbowl even went ahead in AT&T stadium. It really wasn't as big of a deal as a lot of internet commenters seem to act like.
Re:SEC approves Texas Stock Exchange, first new US integrate... by landl0rd on Wednesday October 08, 2025 @12:36PM (#45518013)
I lived in Texas and we never got rolling blackouts for this. We didn't hear about it from family and friends in every major Texas city. Maybe this means 75% of the state by area rather than population? We just didn't drive because much of Texas isn't set up to clear roads and, more importantly, few of our drivers know how to deal with snow and so most get very unsafe to drive around.

The report your wikipedia article cites for 75% says this: "In the case of ERCOT, where rolling blackouts affected the largest number of customers (3.2 million), there were 3100 MW of responsive reserves available on the first day of the event, compared to a minimum requirement of 2300 MW." So an eighth or so of Texas' ~25 million population in 2011.

Re:SEC approves Texas Stock Exchange, first new US integrate... by coherentpony on Wednesday October 08, 2025 @10:21AM (#45516516)
You originally called someone a redditor making a cringe joke for highlighting a serious historical problem. It wasn't clear to me that it was a joke at all, but my impression is that it seemed clear to you that it was a joke.

What if that person has also lived in Texas for 30 years? And what if they had a family member that died during that power grid failure in 2021? I personally would find it quite difficult to communicate to them the nuance of a local problem and a state-wide problem when the end result is the same: no power.

In the future, you might consider approaching an interaction online with more balanced judgement.

Edit: Actually, looking back at the original comment, it's not even clear they're talking about the Texas power outage in 2021. All they said was "Hope they have ample backup power." Seems like a reasonable thing to hope for what might be critical infrastructure.

Re:SEC approves Texas Stock Exchange, first new US integrate... by dreamcompiler on Wednesday October 08, 2025 @11:48AM (#45517460)
Texas' grid was very reliable when I was growing up there. Since deregulation however, it's no longer reliable. It used to be mandated that grid facilities were overbuilt to have some headroom for emergencies. That's no longer true. Now, Texas utilities only maintain the minimum infrastructure needed for normal operations and they have no cushion if something goes wrong. Any CEO of a Texas utility that spends money building overcapacity gets fired by Wall Street.

This was supposed to change after the 2021 crisis, but I haven't seen much evidence that it has.

Re:SEC approves Texas Stock Exchange, first new US integrate... by tonyhart7 on Wednesday October 08, 2025 @12:25PM (#45517900)
in many country, electric(or energy) is state company

that way any infrastructure that related to serve the citizen well being isn't exploited for profit

why US can't do this????

Re:SEC approves Texas Stock Exchange, first new US integrate... by dreamcompiler on Wednesday October 08, 2025 @01:21PM (#45518456)
The US did do this for most of the 20th century. Or at least something close to this: Many utilities were private companies but they were regulated monopolies. The state allowed them to be monopolies in exchange for tight state control.

In the 1990s this started to change. The idea was that the different utilities could compete for customers, and thus they wouldn't be monopolies any more and thus market forces would take the place of government regulation.

Of course this has failed spectacularly. Deregulation brought us the Enron disaster and the 2021 Texas grid crisis, among others. But since corporations control the US government now, there's no chance regulation will be brought back.

Re:SEC approves Texas Stock Exchange, first new US integrate... by tredre3 on Wednesday October 08, 2025 @01:46PM (#45518735)
I'm surprised that you put the blame squarely on the the (bought) government.

Deregulation and "free" markets are something that many americans actively want. You can argue that they're misinformed and they're advocating against their own self-interest. But it's still something they actively want, this isn't just the evil corporations taking control of the corrupt government.

In fact on this very site I'd wager that more than half of Americans users are against regulation in general, state ownership of any utility, or any additional control on financial markets.

Re:SEC approves Texas Stock Exchange, first new US integrate... by tonyhart7 on Wednesday October 08, 2025 @04:54PM (#45520543)
Yeah, free market is great until some company is reach certain size and monopolies certain shares and forces to bend the market at will

and US citizen let them do it, how can't you vote the fck out of this is crazy

Re:SEC approves Texas Stock Exchange, first new US integrate... by cozzyd on Wednesday October 08, 2025 @10:47AM (#45516797)
I'm not sure what is meant by Redditors... I haven't used Reddit in many years.

Admittedly anectodal, but I don't remember any power outage here in Chicago over the last 11 years I lived here, but I was in Texas for work for a few weeks this summer at the NASA balloon base and there were multiple power outages.

Re:SEC approves Texas Stock Exchange, first new US integrate... by vel0city on Wednesday October 08, 2025 @11:47AM (#45517450)
Anecdotal, but I've lived in DFW for over a decade. The only time I lost power for more than a minute was due to a drunk driver hitting a utility pole just outside my house. They had the pole fixed and everything working again within an hour.
Re:SEC approves Texas Stock Exchange, first new US integrate... by bdcravens on Wednesday October 08, 2025 @11:55AM (#45517537)
Having lived in both DFW and Houston, I will definitely say Houston's infrastructure is much more fragile, but the weather is also much more extreme.
Re:SEC approves Texas Stock Exchange, first new US integrate... by vel0city on Wednesday October 08, 2025 @11:58AM (#45517574)
Yes, I agree. It was common to lose power for a day or so when the big hurricanes rolled through growing up Houston.
Re:SEC approves Texas Stock Exchange, first new US integrate... by next_xibalba on Wednesday October 08, 2025 @10:51AM (#45516839)
The Houston metro area is particularly bad. When I lived in Austin, the outages were very rare. In Houston, I would guess there is at least 1 outage every month that lasts for an hour on average.
Re:SEC approves Texas Stock Exchange, first new US integrate... by skeaker on Wednesday October 08, 2025 @12:53PM (#45518174)
"Redditor" in this context is just an internet-savvy way of saying "sheeple."
Re:SEC approves Texas Stock Exchange, first new US integrate... by bdcravens on Wednesday October 08, 2025 @11:53AM (#45517520)
It's not just the "snowpocalypse". In Houston, for example, there have been multi-day power outages since then, often during hot weather where lack of adequate cooling can become a life-threatening concern. Personally I don't find it any more "cringe" than the weird boasting people like to do about our state.
Re:SEC approves Texas Stock Exchange, first new US integrate... by jjk166 on Wednesday October 08, 2025 @10:12AM (#45516404)
Re:SEC approves Texas Stock Exchange, first new US integrate... by next_xibalba on Wednesday October 08, 2025 @10:48AM (#45516809)
Texan here. Going without power for a week during the 2021 winter black out really, really sucked. It had huge economic consequences.
Re:SEC approves Texas Stock Exchange, first new US integrate... by micromacrofoot on Wednesday October 08, 2025 @09:50AM (#45516197)
it was an avoidable catastrophe, not just a minor blip

I still remember the northeast blackout from 2003 too and that was only a part of a day for me

Re:SEC approves Texas Stock Exchange, first new US integrate... by Retz4o4 on Thursday October 09, 2025 @11:11AM (#45528804)
“ Houston has the worst power outages in the nation; how bad is it in your ZIP code?”

https://www.click2houston.com/news/local/2025/10/07/check-no...

Re:SEC approves Texas Stock Exchange, first new US integrate... by paxys on Wednesday October 08, 2025 @09:51AM (#45516218)
I doubt the exchange infrastructure will be physically located in Texas.
Re:SEC approves Texas Stock Exchange, first new US integrate... by HolyLampshade on Wednesday October 08, 2025 @05:07PM (#45520668)
In fact, it won’t be. Which is why NYSE was so quick to rebrand NYSE Chicago as NYSE Texas when TXSE made the announcement they were launching in Equinix NY4 in Secaucus. The only real differentiator these guys would have had (outside of listings rules) would have been location, but they opted for the lower resistance of locating with all the other markets.
Re:SEC approves Texas Stock Exchange, first new US integrate... by chronic74939 on Wednesday October 08, 2025 @09:52AM (#45516232)
> Hope they have ample backup power

Texas has more reliable electricity than California

considering the California electricity provider PG&E shuts off the electricity multiple times a year when it gets windy outside, to prevent power lines falling (due to lazy maintenance) and starting a wildfire

I wonder where the California’s additional 13% tax on capital gains is being spent? SF parking ticket enforcement?

Re:SEC approves Texas Stock Exchange, first new US integrate... by avgDev on Wednesday October 08, 2025 @10:01AM (#45516316)
Re:SEC approves Texas Stock Exchange, first new US integrate... by lighthazard on Wednesday October 08, 2025 @09:56AM (#45516268)
Wondering why you'd bring up California in a discussion about Texas.
Re:SEC approves Texas Stock Exchange, first new US integrate... by bdcravens on Wednesday October 08, 2025 @12:00PM (#45517604)
"us versus them", "blue vs red", "liberals vs conservatives"

Texas is the favorite punching bag of the left, and California is the favorite punching bag for the right. When one side is attacked, they defensively jump to the default. Which is kind of ironic, when you consider there's more Democrats in Texas than in many "blue" states, and the inverse is also true for California.

Re:SEC approves Texas Stock Exchange, first new US integrate... by Braxton1980 on Wednesday October 08, 2025 @02:35PM (#45519200)
I can find many Republican representatives, Trump, and media personalities insulting New York with sweeping generalizations and hateful rhetoric.

The only negative comments from Democrat representatives and the media on the left I see is are critical of specific laws, for example abortion, but they don't insult the entire state or generalize.

If you need specific quotes let me know.

Re:SEC approves Texas Stock Exchange, first new US integrate... by wmeredith on Wednesday October 08, 2025 @10:08AM (#45516371)
Re:SEC approves Texas Stock Exchange, first new US integrate... by tsunamifury on Wednesday October 08, 2025 @09:56AM (#45516267)
What did California have to do with this other than everything you are saying being laughable cope and false.

(Regional controlled brownouts and state wide power grid failure are not comparable)

Re:SEC approves Texas Stock Exchange, first new US integrate... by J_Shelby_J on Wednesday October 08, 2025 @10:40AM (#45516723)
Equinix Dallas was hours from running out of fuel during the last snowpocalypse.
Re:SEC approves Texas Stock Exchange, first new US integrate... by ddtaylor on Wednesday October 08, 2025 @11:00AM (#45516962)
Is this saying it was "hours away" and safe or "hours away" and nearly missed a disaster? I assume the latter.
Re:SEC approves Texas Stock Exchange, first new US integrate... by dr-smooth on Wednesday October 08, 2025 @11:44AM (#45517426)
reminds me of "you can't put too much water in a nuclear reactor" from SNL...
Re:SEC approves Texas Stock Exchange, first new US integrate... by htareque on Wednesday October 08, 2025 @12:34PM (#45518000)
Re:SEC approves Texas Stock Exchange, first new US integrate... by SoftTalker on Wednesday October 08, 2025 @11:10AM (#45517070)
Presumably they've learned from that experience.
Re:SEC approves Texas Stock Exchange, first new US integrate... by mayhemducks on Wednesday October 08, 2025 @11:47AM (#45517455)
Hahahahahahahahhahaaaaaa hahahaaaaahaaah hahhahaaaa!!!!!
Re:SEC approves Texas Stock Exchange, first new US integrate... by dylan604 on Wednesday October 08, 2025 @12:22PM (#45517868)
I'm assuming you interpreted they as ERCOT with that response
Re:SEC approves Texas Stock Exchange, first new US integrate... by mayhemducks on Friday October 10, 2025 @10:27AM (#45539488)
The people who live in Texas are completely and utterly shocked every time the temperature goes below 40F. Even though there is some kind of "winter" weather almost every winter, none of the houses or commercial buildings have insulation on any of the pipes. A lot of high traffic roadways are elevated and banked making them completely unusable if someone so much as spills a coffee on them, let alone having ice or even just rain on them. "Winterizing" is just not a thing. It is always deemed too expensive. Then disaster strikes, everyone freaks out, then forgets about it in a few months because the temp in the summers stays well north of 100F for weeks at a time. OF COURSE they haven't learned. It goes against human nature to think more than a few months ahead when the state "rainy day fund" is at stake.
Re:SEC approves Texas Stock Exchange, first new US integrate... by atmavatar on Wednesday October 08, 2025 @12:18PM (#45517831)
Clearly, they spent a few hours too much on their backup capacity.
Re:SEC approves Texas Stock Exchange, first new US integrate... by burnt-resistor on Thursday October 09, 2025 @04:40AM (#45525083)
The following 2 years, TX deployed metric shittons of solar and it was growing steadily until the very stable genius axed incentives.

https://www.gridstatus.io/live/ercot

Re:SEC approves Texas Stock Exchange, first new US integrate... by htrp on Wednesday October 08, 2025 @11:22AM (#45517186)
Wild! Source?
Re:SEC approves Texas Stock Exchange, first new US integrate... by latchkey on Wednesday October 08, 2025 @11:45AM (#45517428)
I know of one DC that does government hosting so that they get prioritized to keep the lights on.
Re:SEC approves Texas Stock Exchange, first new US integrate... by hackernewds on Wednesday October 08, 2025 @10:55AM (#45516899)
It would be helpful for readers to know what Equinix is

> Equinix's infrastructure supports the digital services businesses rely on, from cloud computing and enterprise applications to content delivery and financial trading platforms.

Re:SEC approves Texas Stock Exchange, first new US integrate... by the_duke on Wednesday October 08, 2025 @11:56AM (#45517555)
They are a very popular "high end" server colocation provider and have their own network with many peering agreements.

A lot of large companies put their servers into Equinix data centers.

Re:SEC approves Texas Stock Exchange, first new US integrate... by Wohlf on Wednesday October 08, 2025 @11:11AM (#45517081)
An exchange having to stop trading and gracefully shut down their systems for a few days doesn't really strike me as a disaster though.
Re:SEC approves Texas Stock Exchange, first new US integrate... by rchaud on Wednesday October 08, 2025 @11:19AM (#45517158)
The NYSE was only closed for 3 business days after 9/11. Uptime is important for listed companies.
Re:SEC approves Texas Stock Exchange, first new US integrate... by IsTom on Wednesday October 08, 2025 @11:15AM (#45517121)
It might be slightly inconvenient to people who want to sell their shares.
Re:SEC approves Texas Stock Exchange, first new US integrate... by terminalshort on Wednesday October 08, 2025 @11:20AM (#45517166)
Not really because there are a lot of stock markets these days.
Re:SEC approves Texas Stock Exchange, first new US integrate... by ta12653421 on Wednesday October 08, 2025 @12:06PM (#45517672)
But depending on the setup, often you just cant "sell the one thing at another exchange which you bought earlier at a different exchange", sure this depends on the country/etc.
Re:SEC approves Texas Stock Exchange, first new US integrate... by terminalshort on Wednesday October 08, 2025 @01:34PM (#45518592)
There may be some odd financial instrument that can only be traded on a single exchange, but that's generally not going to be something that is liquid enough for HFT trading anyway. The idea that a stock is listed "on the NYSE" and can only be traded there is a quaint anachronism. e.g. https://help.tradestation.com/10_00/eng/tradestationhelp/rou...