Bitcoin miners may actually make ERCOT more reliable, since they pre-buy a steady stream of electricity and can sell it back (or be paid to use less) during cri

Bitcoin miners may actually make ERCOT more reliable, since they pre-buy a steady stream of electricity and can sell it back (or be paid to use less) during crises like their snow storm[1]. I still think the negative externalities of Bitcoin mining outweigh the positive ones, though. (Full disclosure, I'm short a company mentioned in that article) [1] https://www.washingtonpost.com/technology/2021/07/08/bitcoin-mining-texas-electricity/ https://www.washingtonpost.com/technology/2021/07/08/bitcoin...