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(Uproxx)   Ted Cruz will use the power of Bitcoin to rebuild Texas PowerPoint Grid   (uproxx.com) divider line
    More: Murica, The Grid, Energy development, Electricity distribution, Wind power, Wind turbine, Electrical grid, Power outage, Smart grid  
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1830 clicks; posted to Politics » on 06 Dec 2021 at 4:20 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-12-06 1:45:01 PM  
Fark filter or autocorrect decide to change that to a product plug?
 
2021-12-06 1:59:59 PM  
I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.
 
2021-12-06 2:33:07 PM  
build? you mean destroy.
 
2021-12-06 2:34:59 PM  

spongeboob: Fark filter or autocorrect decide to change that to a product plug?


yes Ted Cruz were a Plug in public.
Ever watch him walk?
 
2021-12-06 2:38:33 PM  
$5 on the next outage being blamed on bitcoin miners not shutting down when needed. Another $5 on them having shut down and the grid collapsing anyway.
 
2021-12-06 2:44:15 PM  

dletter: I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.


Or - and I know I am talking crazy-talk - Texas could hook-up to the developed world and benefit from distributed loads and power sources across many states.  But that can't happen because then Texas would have to upgrade from its Mogadishu-level infrastructure, and that might cut into the robber-barons child-sex-slavery budget.  shiat, they just got approval for a 30-year price hike, not to maybe upgrade to an 18th century power grid, but to recompense them for the indignity of not making money when people cruelly and spitefully refused to consume their electricity last winter.
 
2021-12-06 2:46:19 PM  

Bootleg: $5 on the next outage being blamed on bitcoin miners not shutting down when needed. Another $5 on them having shut down and the grid collapsing anyway.


Not fair bets.  A granny luging in a second toaster could fry the grid.  Hard to even sarcastically assign blame when nightlights are a serious danger to all of Texas.
 
2021-12-06 3:24:20 PM  

Bootleg: bitcoin miners not shutting down when needed.


This is an absolute rock solid lock bet.  Pigs ain't gonna stop being pigs.
 
2021-12-06 3:26:19 PM  

spongeboob: Fark filter or autocorrect decide to change that to a product plug?


I kinda wacky parsed that into "Butt Plug" for a moment.
 
2021-12-06 3:30:35 PM  
BitCoins used to repair, upgrade and weatherize a statewide electric power grid that's isolated from neighboring states?

I also have this elixir that cures ED. Ted swears by it.
 
2021-12-06 4:22:42 PM  
Fark user imageView Full Size
 
2021-12-06 4:23:35 PM  

spongeboob: Fark filter or autocorrect decide to change that to a product plug?


I assume the "Plug" tag was Subby being funny with the electricity reference. Sadly, the admins didn't see it that way. Poor subby.
 
2021-12-06 4:24:19 PM  
Put a mining rig next to each of the natural gas control points, and the waste heat will keep the equipment from sticking.  Brilliant!
 
2021-12-06 4:24:57 PM  
Makes sense when you have a problem in a place filled with shiat to bring in something that plunges.
 
2021-12-06 4:25:55 PM  
So the plan is to tell a bunch of people who bought a crapload of PC hardware, and are trying to make money from nothing, to stop doing that?

farking lol
 
2021-12-06 4:26:30 PM  
Faustian bargain with Bitcoin miners.
 
2021-12-06 4:27:08 PM  
His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!
 
2021-12-06 4:28:13 PM  

muck1969: So the plan is to tell a bunch of people who bought a crapload of PC hardware, and are trying to make money from nothing, to stop doing that?

farking lol


1000% THIS. Hey, stop making money for nothing starting right now.... Somebody needs to ask Trump if he was asked to suddenly stop making money right this second, if he would go along with it.
 
2021-12-06 4:28:41 PM  
Texas to invest either $5 million, or $26 into their power grid.
 
2021-12-06 4:28:52 PM  
"If you have a moment where you have a power shortage or a power crisis, whether it's a freeze or some other natural disaster where power generation capacity goes down, that creates the capacity to instantaneously shift that energy to put it back on the grid," Cruz said of the ability of bitcoin miners to shut down their operations within seconds.

Maybe they have the ability, but they aren't going to do it. There's no way in hell a texas law would be written in a way that would compel them to do this, and if they aren't forced to, what's a few human popsicles in the name of profit?

I enjoyed watching their energy execs blandly explaining to the people that drafted the "regulations" that they didn't have to meet any of the demands their senate was trying to impose in the wake of their disaster because the law simply didn't call for it.
 
2021-12-06 4:29:52 PM  
Fark user imageView Full Size
 
2021-12-06 4:30:39 PM  
Yet CNBC also talked to an advanced grid services expert, Ben Hertz-Shargel,

That's an oddly appropriate name for someone in that line of work.
 
2021-12-06 4:30:54 PM  
The time to fix your grid,Ted you ass Texas, is before winter.
 
2021-12-06 4:32:02 PM  
So he wants to spend Bitcoin to fix the power grid?

Oh, wow, his suggestion is way, way stupider than that, and does nothing to actually address the electrical infrastructure problems. Just wow.
 
2021-12-06 4:32:04 PM  

phalamir: granny luging


I don't want to see your porn hub history.
 
2021-12-06 4:32:41 PM  

GardenWeasel: build? you mean destroy.


In Texas? Pretty much the same thing.
 
2021-12-06 4:32:43 PM  
Is bitcoin mining on the Texas power grid that substantial to where stopping it would save the grid during high capacity extreme weather events? Also why does Cruz feel that someone who exploits the grid for profit would be willing to shut down their profit making enterprise for the best of the community? Amazing Ted Cruz expects something out of others that he is unwilling to do himself.
 
2021-12-06 4:32:54 PM  
Fark user imageView Full Size
 
2021-12-06 4:33:15 PM  
Doesn't this already exist in other states but for things like AC?

Where you get a small rebate but they can turn off your AC?

Good jorb Ted Cruz you have invented something everyone else has been doing for decades.
 
2021-12-06 4:33:48 PM  

iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!


I can understand the government having something that could be switched off quickly running to keep the load balanced in normal times but that could drop out when things got dicey.  But expecting some private individuals to just do it from the generosity of their hearts is insane.
 
2021-12-06 4:34:36 PM  

TheDarkSaintOfGin: phalamir: granny luging

I don't want to see your porn hub history.


Considering it was supposed to be "granny plugging", I totally agree.
 
2021-12-06 4:35:47 PM  
Thanks Tom Cruise for inventing the "Flex Alert" that California has had for decades.
 
2021-12-06 4:36:10 PM  

Corvus: Thanks Tom Cruise for inventing the "Flex Alert" that California has had for decades.


hahah Tom Cruise =  Ted Cruz.
 
2021-12-06 4:36:19 PM  
In case you needed further proof that bitcoin is a pump and dump scam, Rafael Cruz now likes it.
 
2021-12-06 4:37:07 PM  

MattytheMouse: Texas to invest either $5 million, or $26 into their power grid.


If Ted Cruz, Greg Abbot, and the Teas GOP are involved, the use of bitcoin mining to fix the Texas power grid will probably be as successful as the Wilpons using investments to finance the Mets.
 
2021-12-06 4:37:18 PM  
Or we could just forbid banks from exchanging cryptocurrency for dollars, which would shut down the power demand, stabilize the grid, help the environment, and remove a threat to the global strength of American currency
 
2021-12-06 4:37:58 PM  

phalamir: dletter: I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.

Or - and I know I am talking crazy-talk - Texas could hook-up to the developed world and benefit from distributed loads and power sources across many states..


Part of Texas does indeed live in the 20th century. West Texas shares the grid belonging to New Mexico, Arizona and parts north and west. They had lights, power, heat, etc while the rest of the state froze its cowboy ass off. Far east Texas had the same.
This was all thanks to the frozen bootstraps from morons that didn't want any federal regulation way back in 1935 to piss off FDR, an early example of "pwning teh libs" that they NEVER though would come back to bite their grandchildren in the ass.

The soon to be frozen green areas will be the fault of Fled Cruz and Governor Rolling Asshole.
Fark user imageView Full Size
 
2021-12-06 4:37:59 PM  

AirForceVet: BitCoins used to repair, upgrade and weatherize a statewide electric power grid that's isolated from neighboring states?

I also have this elixir that cures ED. Ted swears by it.


Ted's "cure" is watching his college buddy rail his wife while he Falwell Juniors in the corner.
 
2021-12-06 4:39:50 PM  
ahseeit.comView Full Size

pbs.twimg.comView Full Size
 
2021-12-06 4:40:34 PM  

heavymetal: Is bitcoin mining on the Texas power grid that substantial to where stopping it would save the grid during high capacity extreme weather events? Also why does Cruz feel that someone who exploits the grid for profit would be willing to shut down their profit making enterprise for the best of the community? Amazing Ted Cruz expects something out of others that he is unwilling to do himself.


He's saying bring them in to consume more power.  Any electrical network has to keep production and consumption relatively equal.  There are no giant Diehards sitting in warehouses to eat up excess electricity production.*  Managing an electrical grid is all about predicting spikes and troughs in demand and juggling production to meet it.  He's talking about using them to consume excess production when it is too high.  Then he wants them to shut off instantly when demand spikes.  It's libertarian looney-tunes, but Ted Cruz Real Hoomon isn't exactly the brightest egg in the hatchery.

* I say that, but I know the UK uses elevated reservoirs to pump water up off-peak and then drain them past turbines to ramp up production at peaks.  But Texas doesn't have nearly enough free water to try that over the entire state.
 
2021-12-06 4:42:56 PM  

dletter: I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.


so the state literally subsidizing the main cost of running the bitcoin scam in the first place doesn't sound like a bad idea? cuz thats exactly what will happen
 
2021-12-06 4:43:08 PM  

phalamir: iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!

I can understand the government having something that could be switched off quickly running to keep the load balanced in normal times but that could drop out when things got dicey.  But expecting some private individuals to just do it from the generosity of their hearts is insane.


This is Libertarianism.
 
2021-12-06 4:44:24 PM  

iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!


What does it mean to buy into the power grid? Like they'd be shareholders or something? I think that would have the opposite effect and cause them to want to drive prices up.
 
2021-12-06 4:44:52 PM  

phalamir: iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!

I can understand the government having something that could be switched off quickly running to keep the load balanced in normal times but that could drop out when things got dicey.  But expecting some private individuals to just do it from the generosity of their hearts is insane.


Is it just me or is everything out of certain people's mouths some Galtic platitude? Everyone will self-regulate because all praise John Galt!

/ I'm just glad that I get to watch as they Galt themselves over and over and over...
 
2021-12-06 4:44:59 PM  

dletter: I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.


It's a stupid shiatty idea somebody came up with because they don't want to raise taxes.
 
2021-12-06 4:46:09 PM  

Shakin_Haitian: iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!

What does it mean to buy into the power grid? Like they'd be shareholders or something? I think that would have the opposite effect and cause them to want to drive prices up.


No idea. And I doubt Ted knows either. He was probably playing Boggle and this was the result.
 
2021-12-06 4:46:37 PM  

rewind2846: phalamir: dletter: I mean, it isn't a bad idea in general, but, I doubt it is the solution to actually fix the problem.

Or - and I know I am talking crazy-talk - Texas could hook-up to the developed world and benefit from distributed loads and power sources across many states..

Part of Texas does indeed live in the 20th century. West Texas shares the grid belonging to New Mexico, Arizona and parts north and west. They had lights, power, heat, etc while the rest of the state froze its cowboy ass off. Far east Texas had the same.
This was all thanks to the frozen bootstraps from morons that didn't want any federal regulation way back in 1935 to piss off FDR, an early example of "pwning teh libs" that they NEVER though would come back to bite their grandchildren in the ass.

The soon to be frozen green areas will be the fault of Fled Cruz and Governor Rolling Asshole.
[Fark user image image 850x622]


Thought is not the same as care. They didn't care.
 
2021-12-06 4:49:05 PM  
So, bitcoin miners are going to want to set up shop in a place that has warned them that they will be forced to shutdown their operations every time it rains, gets windy, snows, or gets too hot.
I'm sure lots of businesses would choose that location over another location with a stable power grid and no threats of lost productivity.
 
2021-12-06 4:49:27 PM  

iheartscotch: phalamir: iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!

I can understand the government having something that could be switched off quickly running to keep the load balanced in normal times but that could drop out when things got dicey.  But expecting some private individuals to just do it from the generosity of their hearts is insane.

Is it just me or is everything out of certain people's mouths some Galtic platitude? Everyone will self-regulate because all praise John Galt!

/ I'm just glad that I get to watch as they Galt themselves over and over and over...


I read that as "Gaelic platitude" the first four times.  I was very confused.
 
2021-12-06 4:49:36 PM  

austerity101: phalamir: iheartscotch: His plan is to make bitcoin miners buy into the power grid so they self-regulate when a crisis is approaching?

I have several questions...How are you, Ted Cruz, going to identify the bitcoin miners? How many bitcoin miners do you think there are?

/ definitely don't want to prep the grid for winter because that would be COMMUNISM!

I can understand the government having something that could be switched off quickly running to keep the load balanced in normal times but that could drop out when things got dicey.  But expecting some private individuals to just do it from the generosity of their hearts is insane.

This is Libertarianism.


You know what the difference is between Libertarianism and the Lord of the Rings?

One is a fantasy that will never happen, ever...and the other is the Lord of the Rings.

/ Wizards and giant eagles are way more plausible than anything Ayn Rand wrote
 
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