
Bitcoin Uses a Ton of Energy — On Purpose. Is it Worth It?
Climate One
00:00
Bitcoin Mining in Texas Saved Lives in a Winter Storm
We have a regulatory regime for utilities that was designed on affordability and reliability. The regulations never envisioned these companies coming in behind the meter, so to speak,. It seems like they are exploiting a loophole. Without Bitcoin mining last year, we wouldn't have been able to power large parts of the Texas grid. And therefore Bitcoin mining saved lives this past winter in Texas.
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