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landmass | 2 years ago

If there hasn't been a study of the negative effect of inviting crypto miners to use cheap energy I'm not surprised. It would probably show a huge negative effect and Texas isn't interested in disagreements with its power policy. They have carefully shielded ERCOT from having to show transparency. Industry and crypto mining are paid to reduce power usage during ERCOT-declared emergencies but ordinary user are not.

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FractalHQ|2 years ago

I wonder if AI is set to outpace crypto with all the gpu compute going into the AI race.