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Texas, which has the most vulnerable power grid in the US, is attracting crypto miners with incentives, cheap power, and lax regulation

Naureen S Malik / Bloomberg : Tweets: @bwilliliou Tweets: Beth Williams Liou / @bwilliliou : Texas is already home to the most vulnerable power grid in the U.S. Now, an army of crypto miners w/ more than double the electricity demand of Austin are flocking there, drawn in part by light-touch regulations. What could possibly go wrong? https://www.bloomberg.com/... via @business

Bloomberg Naureen S Malik

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  • @bwilliliou Beth Williams Liou on x
    Texas is already home to the most vulnerable power grid in the U.S. Now, an army of crypto miners w/ more than double the electricity demand of Austin are flocking there, drawn in part by light-touch regulations. What could possibly go wrong? https://www.bloomberg.com/... via @bu…