I think crypto mining is dumb, but it might actually help the ERCOT situation when combined with demand-response electricity pricing. Miners are gonna throttle

I think crypto mining is dumb, but it might actually help the ERCOT situation when combined with demand-response electricity pricing. Miners are gonna throttle back mining if electricity costs more than the mining output and they’ll mine when electricity cheap, supporting the price which helps the fiscal solvency of electricity producers.