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Dec 30th, 2023
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 Re: Bit coin mining
[Re: bloo_rainger]
#15065239
05/05/24 09:04 PM
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Joined: Apr 2004
Posts: 14,164
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,164 |
Never heard of it but evidently it’s going to help crash our power grid this summer.
Is this another case of high IQ people in charge?
What the heck is it? That and all the data centers going in. Natural gas is very cheap right now and in years past when it was this cheap our electric rates were always much lower. Not long ago with gas this cheap we were seeing rates in the $.08 to $.09 range. I know Oncor is higher but only explains a small piece of it.
2200 Bay Champ/200 Mercury Optimax
2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Bit coin mining
[Re: Dan90210 ☮]
#15065241
05/05/24 09:04 PM
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Joined: Jan 2010
Posts: 11,595
MrRoachie
TFF Guru
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TFF Guru
Joined: Jan 2010
Posts: 11,595 |
I think its like big banks of servers, like warehouses full of them who "guess" at unclaimed bitcoin codes or something?
Seems it is very loud and uses a TON of power to run and especially to cool all those computers/servers.
ERCOT is already calling for conservation on days where its been windy, sunny and only 90 degrees. If it was also cloudy they would blame it on solar not producing but fact is there is way more power demand coming online way faster than we can add power to the grid.
Last year 1,450 people a day moved to Texas... legally. Almost half a million people in one year. Not counting "migrants". That number is expected to continue to GROW.
It would take a full court press to add enough power to keep up with all that growth. We need some nuclear power... duh. But so far all I have seen is people blame wind, or FJB, or whatever, and not add any new power... so yeah we are screwed. Build the nukes.. cleaner than that trash burner of a power plant Austin owns..
God loves you just as much as anybody else!!
Jesus offered His life as a gift for you. Please accept it!
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Re: Bit coin mining
[Re: bloo_rainger]
#15065322
05/05/24 11:06 PM
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Joined: Nov 2014
Posts: 4,466
GTrigg
TFF Team Angler
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TFF Team Angler
Joined: Nov 2014
Posts: 4,466 |
One more reason I'm glad I just had a home generator installed.... 
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Re: Bit coin mining
[Re: GTrigg]
#15065361
05/05/24 11:43 PM
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Joined: Mar 2005
Posts: 41,662
butch sanders
TFF Guru
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TFF Guru
Joined: Mar 2005
Posts: 41,662 |
One more reason I'm glad I just had a home generator installed.... if i were a young man i would be selling & installing 1 of these a day
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