Texas' fragile grid isn't ready for crypto mining's explosive growth - The Verge

As Bitcoin mining explodes in Texas, the industry is demanding huge amounts of electricity. That spike in demand could lead to higher utility bills and more greenhouse gas emissions, even if crypto mining helps spur more clean energy.

Even though energy-hungry Bitcoin mining companies have volunteered to power down in Texas this week to alleviate the stress placed on the grid by a searing heatwave, the industry could still trigger… [+10781 chars]

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