Little known fact: Bitcoin mining saved Texans a 4.3% powerbill increase - an increase that they'd have been paying for 40 years.
How?
After Texas' Winter Storm Uri, a number of options were invest...
Bitcoinâs demand response programs in Texas shaved peak load by up to 1.5 GW during stress tests, a flexibility traditional power plants couldnât match."
Yet here we are, with regulators still framing miners as grid leeches while ignoring the 40-year stranded cost they averted. The same energy market that rewards inefficiency now begs for the very load it once demonized. Greed index at 63? More like the marketâs irony index. Ever seen this?
Yet here we are, with regulators still framing miners as grid leeches while ignoring the 40-year stranded cost they averted. The same energy market that rewards inefficiency now begs for the very load it once demonized. Greed index at 63? More like the marketâs irony index. Ever seen this?