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Llaltok.bsky.social

Hooray for the Texas power grid. It's a nice hot sunny summer day so of course the electric has gone out. Yay. 🙄 #texasgrid#power#texas#lalsdolls

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pdougmc.bsky.social

Gift Article: #TexasGrid In Summer Heat, ‘Artificial Shortages’ in Texas Grid May Have Cost $8 Billion Electricity prices soared even when supply was ample, an independent monitor said. The state’s market operator said it was intentional. www.nytimes.com/2023/09/26/u...

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SYsueyoungmusic.bsky.social

Why is Texas subsidizing bitcoin "mining"? the rest of us are voluntarily conserving energy and sweating through the heat wave, while bitcoin "mining" companies get paid to use less electricity. #texasleg #texasgrid

Texas paid a bitcoin miner more than $31 million to power down during heat wave
Texas paid a bitcoin miner more than $31 million to power down during heat wave

The Electric Reliability Council of Texas paid the bitcoin miner Riot $31.7 million in energy credits in August to not mine bitcoin in order to save energy for the state's power grid.

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