Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong
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Celery Man
Ars Legatus Legionis
Let’s not forget throwing his 10 year old daughter under the bus when he had to explain why he popped off to Cancun during the storm!
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Texas is on a roll, covid19 mandate ban, bitcoin saving the electric grid, lets go 3 for 3... whats next?!?
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I live in Texas and I will gladly vote in the Republican primary to get rid of him, Abbot and Patrick. Useless scum.
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A republican talking out his (or her) ass, huh? It must be a day that ends in y at a time that ends with o'clock.
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You forgot about the abortion witch hunt law. Triple whammy baby!
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Unfortunately for us Texans, the only people likely to be up against those 3 in the primaries are even worse.
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It's such a wonder how one person can be wrong about, well, almost everything he says and does. I guess he thinks he's nearly perfect... and he's, sort of, right about that, though not in the way he's thinking. I'd call him "perfectly stupid" ...as his photo makes clear--some thing you can tell just by looking.
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Yes. You can drink the wine, and you didn't contribute to the destruction of the planet.
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I suppose that since most BTC fans these days are greedy, selfish, stupid, shortsighted, and have no problem burning the planet down, it was only a matter of time before Republicans enthusiastically joined the party.
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Those aren't schools for quality education. None of the so-called ivy-league schools are. They've been commodified into irrelevance by corporate cabals for their bro-culture elitist children, so those bro-culture elitists children can congregate and form their own future-corporate cabals. Any idiot with a few functioning brain cells and large enough endowments from their parents can get whatever degree they want. That's how Jared Kushner got his -- Mommy and Daddy bought it for him.
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Have fun with the rolling blackouts Texans, I know BTC holders will. Ah well maybe Texas will fire up some of those clean burning coal plants to meet demand.
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Photon_plumber
Ars Tribunus Militum
The way things are going in Howdy Arabia, they're going to need Underground Railroad II to smuggle out people who don't want to live in the oppressive regime.
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Yeah... "rolling" blackouts... we had two ~30-minute windows of power in a 6-day stretch. ಠ_ಠ
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Ted Cruise is proof that inbreeding is a bad thing. I got no other explanation for the stupidity of that man.
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Are you even real? Your crypto stance seems to be that it's good for everything in every situation, including to FIX POWER GRID ISSUES.
You're fucked in the head. Just like Teddy C.
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Any time I see comparisons of the cost of bitcoins and adding new generating stations to help I can't help but think: In all cases, isn't there a better use of the power than bitcoin? I mean, really, in the end, isn't proof of work equal to proof of waste?
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You're new, so I'll give you the benefit of the doubt here...if you take issue with something said, present logical arguments and facts to the contrary. No one here is going to take you seriously if all you've got is "my echo chamber has a different opinion than you".
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If Republicans get back in power (and surely attempt to rig it so they're never out of power again) America will resemble the Hunger Games in a decade or so.
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I think what will happen is they will get paid money from taxpayers to lower consumption another form of corporate welfare.
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Better start buying guns and ammo if this will be the future.
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ThatGuyFromEarth
Ars Praetorian
“ Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong…”…Because he’s Ted “Low Rent Wolverine Wannabe” Cruz.
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A lot of ink can be spared by simply observing the axiom: If Ted Cruz says something, he is wrong.
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If there's excess capacity (enough to facilitate *coin mining), then it's just better to shut these plants down, as they're not needed.
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Power consumed by 1 Bitcoin transaction: 1,810.74 kWh
Power consumed by 100,000 VISA transactions: 148.63 kWh
Source: https://www.statista.com/statistics/881 ... ison-visa/
Even if some other cryptocurrencies might be somewhat less wasteful, whatever advantages cryptocurrency might have don't seem worth the colossal waste of energy.
Power consumed by 100,000 VISA transactions: 148.63 kWh
Source: https://www.statista.com/statistics/881 ... ison-visa/
Even if some other cryptocurrencies might be somewhat less wasteful, whatever advantages cryptocurrency might have don't seem worth the colossal waste of energy.
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