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This outcome is unsurprising given the industry climate. BC gets the vast majority of its power from hydroelectric dams and power is historically very cheap her
by chrisfosterelli 3y ago
This outcome is unsurprising given the industry climate. BC gets the vast majority of its power from hydroelectric dams and power is historically very cheap here. But last year's drought forced BC to import record amounts of electricity from surrounding provinces and states to cover the gaps between supply and demand.
Meanwhile the province right beside us, Alberta, was issuing emergency alerts to the population last month asking the public to reduce power consumption in order to avoid rolling blackouts.
It's not the ideal time to be trying to force the gov to give you electricity to use on hashing.
- whimsicalism 3y ago> Meanwhile the province right beside us, Alberta, was issuing emergency alerts to the population last month asking the public to reduce power consumption in order to avoid rolling blackouts. This is why having constant prices for power is dumb.
- ceejayoz 3y agoVariable pricing doesn't necessarily do the trick. https://www.texastribune.org/2023/03/17/puc-appeals-court-uri-prices/ https://www.texastribune.org/2023/03/17/puc-appeals-court-ur...