Riot Platforms ended up earning more than three times as much from energy credits than it did from mining actual Bitcoin.
  • b000rg@midwest.socialEnglish
    111·
    1 year ago

    Makes sense to me, just sounds like the crypto company is holding the state’s power grid hostage

    • Bobert@sh.itjust.worksEnglish
      32·
      1 year ago

      Who has the keys to free the hostage? ERCOT or the Crypto Mine?

      Don’t blame the Crypto Mine for the decisions of the State or ERCOT.

      TVA doesn’t give energy credits. They give you a thirty minute notice that your ¢/kwh is about to quadruple.