Replies

Sounds good! Are they nice and sweet?

Bitcoin Miners Shut as Texas Power Grid Nears Brink

Nearly all industrial scale Bitcoin miners in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the state’s power grid near its breaking point.

Miners such as Riot Blockchain Inc., Argo Blockchain Plc and Core Scientific Inc., who operate millions of energy-intensive computers to secure the Bitcoin blockchain network and earn rewards in the token, flocked to the Lone Star State thanks to its low energy costs and liberal regulations on crypto mining. The state has become one of the largest crypto-mining hubs by computing power in the world.

“There are over 1,000 megawatts worth of Bitcoin mining load that responded to ERCOTs conservation request by turning off their machines to conserve energy for the grid.” Lee Bratcher, president of Texas Blockchain Council told Bloomberg in an email response.

https://ca.finance.yahoo.com/news/bitcoin-miners-shut-off-rigs-160908936.html

1,508 posted on 07/12/2022 10:57:23 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)

1,510 posted on 07/12/2022 10:59:05 AM PDT by exit82 (Either the Democrat Party will survive or America will survive. But not both.)

Yes....very sweet.

Ha... even the (bitcoin) miners have to shut down, due to ERCOTs power conservation.

1,511 posted on 07/12/2022 11:01:48 AM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)

Looks like it was an informed citizen who asked pedo Peter Joe that question….

https://gettr.com/post/p1i2azndb5a

1,517 posted on 07/12/2022 11:25:15 AM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)

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