this post was submitted on 07 Sep 2023
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359
Texas grid paid firm to stop mining crypto during heatwave (gizmodo.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 4 points 1 year ago (1 children)

That's like saying it's fine for the Kardashians to use as much water as a whole city during a drought, because they pay for it.

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago)

Eh, idk. Depends on the cost structure I guess. What if their (collective, with other similar users) excessive use is charged at a rate that makes it easier to fund the public infrastructure that benefits everyone?

At least in San Antonio, the utility charges a higher rate above a certain threshold.

Edit: also, people are calling for a ban of mining. It’s not as if they’re ALWAYS in a state of grid strain.