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We included this fact in our WH report assessing the energy and climate implications of crypto in the US: www.whitehouse.gov/ostp/news-up...
I learned at an engineering conference recently that one crypto mine in TX, 100s of MW, makes more money off ERCOT demand response markets than it does off crypto repeat: TX ratepayers pay them more to sometimes stop mining than they make by actual mining just bananas misuse of power markets 🔌💡
FACT SHEET: Climate and Energy Implications of Crypto-Assets in the United States | OSTP | The White Housewww.whitehouse.gov Climate change is one of the most pressing problems confronting our nation and our world, and President Biden has taken bold steps to address it with legislation and policy. Among the President’s comm...