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It would be more useful if that was the way that all (b)/(sh)itcoin miners operated. It is not like that here in Texas [0]. The state has even paid them multimi

It would be more useful if that was the way that all (b)/(sh)itcoin miners operated. It is not like that here in Texas [0]. The state has even paid them multimillions of dollars to cut energy consumption during extreme weather periods. [1] That money came straight from Texas citizens who gain nothing from the operations of these coin miners and who have already had to pay for the near collapse of the power grid back in Feb. 2021 which occurred because utilities are largely unregulated and can ignore requirements that they upgrade facilities or worse, just whine about the costs of bringing power generation plants into compliance with modern air quality standards like a bunch of rich spoiled toddlers. Many of these plants were grandfathered in when standards were established even though they would have been easy to upgrade at the time. It is about time that the feds do what the Chinese did a few years ago and take a hard look at all the energy waste in shitcoin mining. [2] In addition to energy consumption, this facility in Granbury, TX is already under fire for being a huge noise nuisance from the cooling fans that operate 24/7. [3] [0] https://theweek.com/in-depth/1022698/how-voracious-bitcoin-mining-is-messing-with-texans https://theweek.com/in-depth/1022698/how-voracious-bitcoin-m... [1] https://www.cbsnews.com/news/bitcoin-mining-cryptocurrency-riot-texas-power-grid/ https://www.cbsnews.com/news/bitcoin-mining-cryptocurrency-r... [2] https://arstechnica.com/tech-policy/2024/02/large-cryptocurrency-miners-in-us-now-have-to-report-energy-use-to-government/ https://arstechnica.com/tech-policy/2024/02/large-cryptocurr... [3] https://time.com/6590155/bitcoin-mining-noise-texas/ https://time.com/6590155/bitcoin-mining-noise-texas/ I understand from your replies that you had a personal stake in shitcoin mining and you're pivoting to something else. Maybe for you the handwriting is on the wall.

latchkey 3y ago
If you're so upset at what happened in Texas, then you should speak up to your representatives there. To me, it sounds like a larger systemic issue than just Bitcoin mining. > I understand from your replies that you had a personal stake in shitcoin mining and you're pivoting to something else. Maybe for you the handwriting is on the wall. This feels like a personal attack, which as I understand it, is against the guidelines. But, to explain... I worked for businesses with stakes. I didn't have it myself. That would be like blaming someone who works for SpaceX, for Elon's bad takes.
- doodlebugging 3y ago
  It was not intended as a personal attack. It was an observation that you may have been involved in the industry long enough to sense that changes were coming in near future and that it might be a good time to think about other ways to earn an income. As far as the Texas political situation goes, I do what I can. I'm only one vote and experience has demonstrated that when you contact one of your elected reps here, the best that you can hope for is that they forget to add your contact information to their list of Texas residents who might support the election or re-election of people just like them. I made the mistake once of correcting one of my reps during a community phone roundtable discussion and later followed up with an email. Since then I have been trying (with some success) to remove my contact info from their call and email lists. The simple fact that they spam your contact accounts from every state-wide and national candidate in spite of the fact that they should know that they will never have your support tells me that they are trying to discourage people who will vote against them from participating in the process. It won't work with me but it might with others. This is as far off of the topic of solar panels in the Four Corners region as I think I need to go today. Good luck in your new ventures.
  - latchkey 3y ago
    > it might be a good time to think about other ways to earn an income. Ethereum switched from PoW to PoS. GPU mining stopped. The company I was working for wound down. So, yea... way ahead of you. Bitcoin is about to halve its emissions. I expect a lot of miners to shut down (or at least continue to concentrate into the larger corporations).
    - doodlebugging 3y ago
      >way ahead of you. Comedy must be your true calling.
      - latchkey 3y ago
        My partner thinks so.

latchkey 3y ago

If you're so upset at what happened in Texas, then you should speak up to your representatives there. To me, it sounds like a larger systemic issue than just Bitcoin mining. > I understand from your replies that you had a personal stake in shitcoin mining and you're pivoting to something else. Maybe for you the handwriting is on the wall. This feels like a personal attack, which as I understand it, is against the guidelines. But, to explain... I worked for businesses with stakes. I didn't have it myself. That would be like blaming someone who works for SpaceX, for Elon's bad takes.

doodlebugging 3y ago
It was not intended as a personal attack. It was an observation that you may have been involved in the industry long enough to sense that changes were coming in near future and that it might be a good time to think about other ways to earn an income. As far as the Texas political situation goes, I do what I can. I'm only one vote and experience has demonstrated that when you contact one of your elected reps here, the best that you can hope for is that they forget to add your contact information to their list of Texas residents who might support the election or re-election of people just like them. I made the mistake once of correcting one of my reps during a community phone roundtable discussion and later followed up with an email. Since then I have been trying (with some success) to remove my contact info from their call and email lists. The simple fact that they spam your contact accounts from every state-wide and national candidate in spite of the fact that they should know that they will never have your support tells me that they are trying to discourage people who will vote against them from participating in the process. It won't work with me but it might with others. This is as far off of the topic of solar panels in the Four Corners region as I think I need to go today. Good luck in your new ventures.
- latchkey 3y ago
  > it might be a good time to think about other ways to earn an income. Ethereum switched from PoW to PoS. GPU mining stopped. The company I was working for wound down. So, yea... way ahead of you. Bitcoin is about to halve its emissions. I expect a lot of miners to shut down (or at least continue to concentrate into the larger corporations).
  - doodlebugging 3y ago
    >way ahead of you. Comedy must be your true calling.
    - latchkey 3y ago
      My partner thinks so.