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[-] impiri@lemm.ee 104 points 2 years ago

At first glance, this makes zero sense, but once you dig in and read the details, it makes even less sense

[-] FlyingSquid@lemmy.world 60 points 2 years ago

I especially like the part where they say encouraging crypto mining will somehow create power grid innovations. What?

[-] red@feddit.de 23 points 2 years ago

Either you innovate or you pay that company $32M every summer forever

[-] FlyingSquid@lemmy.world 10 points 2 years ago

I'm pretty sure their goal is the latter based on the other part of the article which says they can act like padding.

[-] SuiXi3D@kbin.social 13 points 2 years ago

Not in Texas, at least. Our government here is in the habit of actively making everything worse, not better.

[-] FunkyMonk@kbin.social 8 points 2 years ago

Trickle down grid, food, climate, whatever just fucking gimmie peasant. /s

[-] bionicjoey@lemmy.ca 7 points 2 years ago

That has the same energy as someone claiming they drive better tipsy than sober

[-] variants@possumpat.io 20 points 2 years ago

pro tip, be born with a parent who runs a large power grid who can buy your debts

[-] b000rg@midwest.social 11 points 2 years ago

Makes sense to me, just sounds like the crypto company is holding the state's power grid hostage

[-] Bobert@sh.itjust.works 1 points 2 years ago

Who has the keys to free the hostage? ERCOT or the Crypto Mine?

Don't blame the Crypto Mine for the decisions of the State or ERCOT.

TVA doesn't give energy credits. They give you a thirty minute notice that your ¢/kwh is about to quadruple.

[-] Wahots@pawb.social 1 points 2 years ago
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this post was submitted on 07 Sep 2023
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