The Texas Power Grid Is Not Up to the Task of Bit Coin Mining

Last year, in february of 20 21, texas had some pretty mass if black outs during a particularly harsh cold front that brought temperatures way, way down. When the cold weather hit, demand for electricity exceeded urcot's capacity and ercot began to implement blackouts. The fear is that the bit coin miners would just keep gobbling up electricity, even in high demand times, and thus contribute to a situation that could result in more blackouts.