21 sats \ 1 reply \ @BTCLNAT 31 Aug \ on: Texas sees a 31% rise in BTC mining energy use w/ 80% drop in electricity prices bitcoin_Mining
"This decrease in energy costs is attributed in part to the unique role that Bitcoin miners play in stabilizing energy grids."
This comment on an article related to the 80% drop in electricity prices in Texas, demonstrates how Bitcoin, far from causing harm, actually benefits many. This same article points out that there has been an increase in electricity consumption by Bitcoin miners. But the reduction in the price of electricity has benefited not only miners but all TEXANS.
BITCOIN DOES NOT HARM. IT FAVORS DEVELOPMENT
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21 sats \ 0 replies \ @Cje95 OP 31 Aug
1 Trillion percent correct!!!! It is why even though wild bills might be introduced and pass a chamber Texas isn't going to bite the hand that feeds them and those who thing otherwise are just plain stupid
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