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How about hooking up that excess energy to a federal grid and make that growth both permanent and sustainable? What will happen when BTC goes back into the dump
by eecc 6y ago
How about hooking up that excess energy to a federal grid and make that growth both permanent and sustainable? What will happen when BTC goes back into the dumpster for a couple years (if not forever)?
All those tons of Carbon that could have been turned off had that hydro replaced Coal should be laid at the feet of crypto and fundie “anti-state” nutjobs
- maxerickson 6y agoIt's on the grid (the article discusses the power being sold into California). Presumably the local miner operations are able to pay the producing utilities more than grid buyers are willing to pay.
- eecc 6y agoOh, umm. I admit to not having read so far into the article... :(
- mtnGoat 6y agoWhere this article is about, Wenatchee, they were for the longest time paying below wholesale, that is changing rapidly. It was even partially subsidized, the power company used to cover the costs of upgraded utilities to your site, with no contact in usage. then they realized these mines closed as fast as they opened, it cost the local power company millions. Nowadays if you want load, you gotta pay for everything and it takes years to justify, explain and build. Only new data center going in anytime soon will be a massive MSFT DC.