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    feld (feld@bikeshed.party)'s status on Thursday, 11-Jul-2024 03:09:58 JSTfeldfeld
    in reply to
    • SynACK :facepalm:
    @SynAck

    > On paper, maybe it's individually not a threat to the grid. But it's certainly not going to be the first thing to be told (or made) to shutdown when the grid IS "running hot" and tenuous.

    What the fuck are you even talking about? They have contracts with the grid operator to shutdown when the grid is stressed and they'll get paid for staying offline

    https://www.cbsnews.com/news/bitcoin-mining-cryptocurrency-riot-texas-power-grid/
    In conversationThursday, 11-Jul-2024 03:09:58 JST from bikeshed.partypermalink

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      Texas paid bitcoin miner more than $31 million to cut energy usage during heat wave
      To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
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