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by onyxringer
860 days ago
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While the noise complains might be legitimate, they probably affect a handful of people (just put Granbury Wolf Hollow in google maps - it's a middle of nowhere with handful of farms around), the rest is just a silly hit piece. In fact as much as mining Bitcoin might be considered useless by some, it does stabilize the grid around it. There has been bunch of hit pieces like that posted on HN today and in last few days, seems like a coordinated effort, possibly reaction to Bitcoin ETFs. |
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> In fact as much as mining Bitcoin might be considered useless by some, it does stabilize the grid around it.
Did a couple searches around this, and didn't find the arguments there convincing at all. Reads more like apologia and rationalizing. Regardless, mining installations like this appear to be running 24/7, so they're not participating in any demand leveling.