Bitcoin Miners Go Dark as Texas Power Grid Teeters on Briar

Bitcoin miners in Texas curbed operations, crimping power usage as a heat wave drove electricity prices sky high Tuesday and threatened to cripple the grid. Bitcoin co-founder Jason Goodman: "Instead of using electricity for an electric pool heater, we use electricity to run the miners" The net result is that we are essentially energy neutral because we are powering the miners with the energy we already needed to purchase to heat our pools. We are able to recover a lot of our energy costs while supporting the Bitcoin network and nerding out on a fun engineering project.