0 sats \ 2 replies \ @TNStacker OP 14 Mar \ parent \ on: For Bitcoin Mines in Texas, the Honeymoon Is Over bitcoin
How we get there is very ugly. We can't have state control and manipulation and we can't have total corporate control and manipulation, so we have to have agreement and compromise. But those are gone from the current system so we have fights. Currently, mostly rhetorical, but that is rapidly changing.
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21 sats \ 1 reply \ @kepford 14 Mar
From what I've seen the situation in Texas is far better than power in California. I'd say they are the two extremes now. California has some of the strongest state controls on utilities and some of the highest costs and issues like you mention with fires from poorly maintained systems. Its a complete mess. I believe average rates per kWh in California are above 45 cents. There is no reason for this other than restrictions and monopoly.
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0 sats \ 0 replies \ @TNStacker OP 14 Mar
California overreacted to a crisis, that nearly took the state down. It took down a governor. Ever heard of Enron? Texans.
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