Replying to a post on slrpnk.net
some states have passed laws to protect crypto mining’s access to huge amounts of power.
Why would they do that?
Replying to a post on slrpnk.net
some states have passed laws to protect crypto mining’s access to huge amounts of power.
Why would they do that?
Replying to @eatthecake@lemmy.world
Mostly because power should be available to all as long as you are willing to pay (and they do pay, quite a bit, it’s their primary expense).
Replying to @BombOmOm@lemmy.world
Why should power be available to all? If the activity is both incredibly wasteful and brings no value to the public or to the state or to the utility company, why should the utility not be able to prioritize getting power to people who need power to live?
There are these huge crypto mining farms in Texas, and people are literally dying each year from the power grid failing. Why should the crypto farms be protected when they could be cut off in times when human survival is at risk?
Replying to @dogslayeggs@lemmy.world
no value to the public
Power is taxed and the proceeds go toward what the public has deemed important. That is quite a bit of value to the public.
or to the state
In addition to taxes, it brings money into the state rather than allowing that money to go elsewhere. This means jobs at the power plants and more economic activity in your your state, which is is a positive feedback loop of goodness.
or to the utility company
The utility company is getting lots of sales. Kinda hard to imagine how this isn’t good for the one selling more power.
people are literally dying each year from the power grid failing
The power grid in Texas failed because it wasn’t properly winterized. Crypto miners existing didn’t cause that issue and booting them doesn’t winterize the grid.
You don’t have to be thrilled about something. But let’s not throw out random unrelated things for why the thing you don’t like shouldn’t exist.
Replying to @BombOmOm@lemmy.world
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