[lowkey]

Most Bitcoin energy contracts in Texas are structured as long-term pre-purchase agreements.

They incentivize the build out of green energy projects such as wind and solar. Projects that in many cases would never have happened without subsidies from Bitcoin miners.

When you say we have to pay them to shut down what you are really saying is that we have to pay them back for energy they already purchased.

The fact that this excess energy is available on demand to utilities ensures we have a more stable energy grid by serving as an energy storage system that we only pay for in times of severe demand.