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Bitcoin miners win legal battle to keep mum about energy use [US] (www.theverge.com)

submitted 8 months ago by misk@sopuli.xyz to c/technology@lemmy.world

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[-] Kissaki@feddit.de 16 points 8 months ago

[…] use roughly as much electricity as all of the nation’s home computers combined

Bitcoin mining also risks stressing out the power grid in Texas, a crypto hub in the US where the state’s grid operator has paid Riot more than $31 million in energy credits to curb its electricity use during heatwave-induced demand spikes. Bitcoin mining has also brought sputtering fossil fuel power plants back to life and raised electricity costs for some residents in New York.

It's clear why the survey is necessary.

Why did they make it an emergency survey in the first place? Is there no "normal" survey alternative?

[-] BombOmOm@lemmy.world 4 points 8 months ago

With the continued adoption of electric cars and heat pumps, the energy grid needs to be expanded either way.

this post was submitted on 27 Feb 2024

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