Bitcoiners take it as a given that a mining rush will improve Texas’s grid. Not everyone is convinced.
May 9, 2022, 5:37PM EDT · 6 min read
Quick Take
- As bitcoin mining rapidly expands in Texas, many in the industry assert that this will both strengthen the state’s unique power grid and encourage the growth of renewable energy.
- With so many different moving parts, experts say it’s hard to confidently say what the actual outcome will be.
Advocates say a crypto mining rush will only help Texas's electrical grid. Researchers familiar with the grid aren't sold.
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