6min chapter

Swan Signal Live - A Bitcoin Show cover image

Pierre Rochard & Steve Barbour | Swan Signal | EP 107

Swan Signal Live - A Bitcoin Show

CHAPTER

The Volatility of the Texas Grid

I'm not an expert on the Texas grid, but I do believe there's a good mix of coal and natural gas and even nuclear. Wind and solar are intermittent or unreliable depending on who you're asking. You can offset that either with peaker plants,. which could be natural gas could be coal as well. Or you can offset it with demand response, namely turning off Bitcoin miners. So those factors have driven a lot of price volatility for the grid here in Texas.

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