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OK, so if this is not the Gov.'s thinking, what is it? Is the Gov planning some measure to ensure that the miners will actually shut down in a crisis to free up
by toss1 4y ago
OK, so if this is not the Gov.'s thinking, what is it? Is the Gov planning some measure to ensure that the miners will actually shut down in a crisis to free up capacity? Is there some incentive for doing so, and/or penalty for not doing so?
If you have no answer, then GP is right, and the magical thinking is in your post.
- yakak 4y agoIf the event is only in TX then won't their pricing on electricity jump faster than the increased benefit of mining when most of TX mining shuts down? I mean there are real countries with stable electricity that won't sky rocket so the drop in hash rate can't cancel a price gouging only in Texas.