pull down to refresh

‘Things Are Going to Break’: Texas Power Plants Are Running Nonstoparchive.ph/q6bTP
11 sats \ 4 comments \ @2big2fail 15 Jul 2022 bitcoin
write
preview
related posts
101 sats \ 0 replies \ @cryptocoin 15 Jul 2022
It's a big state -- with a huge amount of natural gas produced in parts of it. Even if they don't want to add natural gas plants, they already have a ton of wind and solar being built now. Having a paying customer for the excess power (which that capacity would be in excess of demand for a vast majority of the time), would help the economics. Bitcoin mining is that customer.
reply
1 sat \ 1 reply \ @cryptocoin 15 Jul 2022
Growing Population, Crypto
The situation underscores that the Texas grid is relying on short-term solutions for what’s poised to be a long-term problem. The state is contending with a population boom that’s driven demand higher. Crypto mining has also taken off in the past year, bringing with it the industry’s power-intensive operations. Meanwhile climate change has made extreme weather events that drive up electricity use more likely to occur and more severe — creating situations like a deadly February 2021 freeze that caused blackouts across the state.
reply
102 sats \ 0 replies \ @cryptocoin 15 Jul 2022
Biased article. Not a single mention that bitcoin miners agree to power down voluntarily during the alerts, and thus work to subsidize the power plant when there is excess capacity, and work essentially as a "rolling reserve" by disengaging the (still relatively rare) periods of time when the power contracted by the miners is instead of more value going to the grid.
reply
0 sats \ 0 replies \ @selfish_gene 15 Jul 2022
как показывает практика! без плановых ремонтов и накладок, наладок. можно выкинуть даже новый генератор через 2 года. хотя и 10лкт мог служить верой и правдой.
reply