Monday, November 22, 2021

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)

Naureen S Malik / Bloomberg:
Texas, which has the most vulnerable power grid in the US, is attracting crypto miners with incentives, cheap power, and lax regulation  —  Crypto miners with more than double the power demand of Austin are descending on the anti-regulation state.  —  Texas, already home to the most vulnerable power grid …



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Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (Tim McLaughlin/Reuters)

Tim McLaughlin / Reuters : Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected dur...