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re: Natural gas producers in TX paying people to take supply as prices sink deeper negative

Posted on 4/28/24 at 7:45 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80798 posts
Posted on 4/28/24 at 7:45 am to
quote:

They already are. Apparently TX has to pay them millions to stop mining when their are power concerns.


You post doesn’t make sense, why would Texas have to pay mobile miners millions when there’s power shortage when these mobile miners wouldn’t be connected to the grid, just nat gas generators? I don’t think you understand how mining BTC with flare gas or trapped natural gas works.

Yes Texas has massive grid powered BTC mining companies that shed load to help the grid during tight times. Has nothing to do with this topic at hand
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