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10 sats \ 5 replies \ @Cje95 OP 16 May \ parent \ on: Oklahoma signs bill into law protecting crypto spending, mining, & self-custody bitcoin
Yep! Due to how renewables froze up and shut down with wind and solar additional generation while helpful wouldn't have really fixed anything due to how it was a sudden spike in power needs. Miners fill a gap of creating demand and being able to be flipped off like a light switch!
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0 sats \ 4 replies \ @Satosora 16 May
Interesting, I did know about how delicate the grid was.
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10 sats \ 3 replies \ @Cje95 OP 16 May
Yeah and its not a Texas specific thing it is a world wide thing!
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0 sats \ 2 replies \ @Satosora 16 May
I see. That is how btc miners help. Interesting, I never would have thought of that.
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10 sats \ 1 reply \ @Cje95 OP 16 May
Long term I am sure other things will be invested/created that will replace it but for right now it is by far the best thing for not only BTC and crypto but the general public as well!
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0 sats \ 0 replies \ @Satosora 16 May
At least it is useful and being used to help. Better than the stories where mining is just sucking energy in a corrupt country.
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