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technology@hexbear.netEnglish · 3 months ago

Texas bitcoin mining operation holds electric grid ransom, is paid more than it earns mining to not run its hardware on high-load days

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Texas bitcoin mining operation holds electric grid ransom, is paid more than it earns mining to not run its hardware on high-load days

hypercracker@hexbear.net to

technology@hexbear.netEnglish · 3 months ago

From “Why Texas Republicans are Souring on Crypto” from The Economist https://archive.ph/eIXGc

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3 months ago

letting private industry profit from government

Or as it’s sensibly called in 99% of cases, embezzlement

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