So instead of powering homes, farms, and factories they're burning through the energy budget enthusiastically speed running modern finance? But it's OK because

So instead of powering homes, farms, and factories they're burning through the energy budget enthusiastically speed running modern finance? But it's OK because it's mostly green power? It's not like Texas or its neighboring states could use that solar and wind to replace some coal plants or anything ... L2 smells a lot like a hacky way of partially centralizing, to workaround a rotten foundation. I wonder how it will scale once mining takes more energy than whole continents. VCs rubbing their hands together at the thought of picks, shovels, and financial services does not sound like progress to me. Well, at least they can use all that waste heat to keep warm in those frigid Austin winters.