To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
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Honestly, why allow them to mine on the grid at all until it is upgraded? It’s just a big wasteful use of energy that uses public resources but doesn’t benefit the public at all. It just prints money for the guys doing it.
Also, $31 million could go towards better infrastructure that could allow this in the future.
Fixing the power grid works be socialism or something…
