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Bitcoin mining towns: Texas Republican voters getting fucked by the Republican politicians they voted for

Horn Under a Bad Sign
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Horn Under a Bad Sign

Horn Under a Bad Sign 20400

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Republican voters suffering from health issues caused by bitcoin mines that Republican politicians like Greg Abbott have sold them out to.  Bitcoin mines now consuming enough electricity to power 460,000 Texas homes.

https://time.com/6982015/bitcoin-mining-texas-health/


All this environmental destruction in pursuit of a magic bean that doesn't exist in any tangible, physical space. 

Edited by Horn Under a Bad Sign
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Incredulity

Incredulity 11671

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4 minutes ago, Horn Under a Bad Sign said:

Republican voters suffering from health issues caused by bitcoin mines that Republican politicians like Greg Abbott have sold them out to.  Bitcoin mines now consuming enough electricity to power 460,000 Texas homes.

https://time.com/6982015/bitcoin-mining-texas-health/


All this environmental destruction in pursuit of a magic bean that doesn't exist in any tangible, physical space. 

This isn't a Red/Blue issue.

Its everywhere and its utterly absurd

https://www.cnn.com/videos/business/2022/04/25/watt-dnt-bitcoin-mining-electricity-washington-nr-vpx.cnn

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Captainant

Captainant 27667

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4 minutes ago, Incredulity said:

This isn't a Red/Blue issue.

Its everywhere and its utterly absurd

https://www.cnn.com/videos/business/2022/04/25/watt-dnt-bitcoin-mining-electricity-washington-nr-vpx.cnn

It really is in Texas. Your party has happily courted chinese cryptomining interests in order to drive more demand for power companies in the state so that they can attract better utilities through the magic of the free market.

Its completely idiotic

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C-Man

C-Man 27225

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10 minutes ago, Pam Cummings said:

Lulz at thinking Abbott or anyone with power will do anything about this. You will continue to get fleeced.

What do you think Hot Wheels is doing over in Asia at this very minute?

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NAVY

NAVY 6740

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4 minutes ago, C-Man said:

What do you think Hot Wheels is doing over in Asia at this very minute?

Enriching himself, duh 

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tchookem

tchookem 3900

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Everything in Texas is a red/blue issue. The reds have had power my entire adult life, yet somehow they can still blame the blues when their policies go to shit.
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RDCanecutter

RDCanecutter 26442

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I reckon if they's minin' towns, then the real feller gittin rich is the one sellin corn whiskey. And shovels. And rentin rooms to crypto hooers. If we kin ever tear em away from Bankman-Fried.

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BamaATL

BamaATL 16593

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8 minutes ago, RDCanecutter said:

I reckon if they's minin' towns, then the real feller gittin rich is the one sellin corn whiskey. And shovels. And rentin rooms to crypto hooers. If we kin ever tear em away from Bankman-Fried.

Soap with a prize!

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RDCanecutter

RDCanecutter 26442

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14 minutes ago, BamaATL said:

Soap with a prize!

Just between you n me because of the Bama connection, but when I was 16 I worked on a summer road crew job with Gill Gayle, who grew up to do better things like playing Soapy Smith in Deadwood.

But no matter how well he does in acting, nothing will ever surpass the heroism of when the boss appointed the two of us (by far the skinniest of the lot) to shift several tons of glass beads (used for reflective signs) into a giant cube so management could cipher out how much they had left.

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BamaATL

BamaATL 16593

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46 minutes ago, tx 3 putt said:

Sounds like those bitcoin centers are changing 100% red blooded maga dna into lib dna !!!!!

Maybe we can start a rumor that fracking is the cause of wokeness and gender identity questions.  

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tx 3 putt

tx 3 putt 76957

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3 minutes ago, BamaATL said:

Maybe we can start a rumor that fracking is the cause of wokeness and gender identity questions.  


bitcoin center sounds like a child slavery ring. Those noises are children crying !!!

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Bullneck

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2 hours ago, RDCanecutter said:

I reckon if they's minin' towns, then the real feller gittin rich is the one sellin corn whiskey. And shovels. And rentin rooms to crypto hooers. If we kin ever tear em away from Bankman-Fried.

-3rvhd.gif

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Deej

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19 hours ago, C-Man said:

What do you think Hot Wheels is doing over in Asia at this very minute?

Visiting the factory where Temu gets its wheelchairs?

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Nice Guy Eddie

Nice Guy Eddie 13512

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22 hours ago, Horn Under a Bad Sign said:

Republican voters suffering from health issues caused by bitcoin mines that Republican politicians like Greg Abbott have sold them out to.  Bitcoin mines now consuming enough electricity to power 460,000 Texas homes.

https://time.com/6982015/bitcoin-mining-texas-health/


All this environmental destruction in pursuit of a magic bean that doesn't exist in any tangible, physical space. 

Some of the most recent red issues have been very anti-rural living. Take school vouchers. That will destroy small town education unless your family only wants a religious education. And forget it if you or your family actually works for the ISD. 

Bitcoin mining equipment produces 2 physical things with the high use of electricity: noise and heat. A single bitcoin device sounds like a vacuum cleaner, and the granbury site referenced in the Time article has 30K of them. That place must make a racket up close, and even a dull hum nearby. 

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BrickHorn

BrickHorn 18234

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23 hours ago, Captainant said:

It really is in Texas. Your party has happily courted chinese cryptomining interests in order to drive more demand for power companies in the state so that they can attract better utilities through the magic of the free market.

That’s like saying Reagan Republicans voted for tax cuts in order to trickle their wealth down to the middle and lower classes. Don’t confuse pretext for motive. 

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atomheartbevo

atomheartbevo 89665

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On 7/9/2024 at 12:23 PM, Horn Under a Bad Sign said:

All this environmental destruction in pursuit of a magic bean that doesn't exist in any tangible, physical space. 

On 7/9/2024 at 12:29 PM, Incredulity said:

This isn't a Red/Blue issue.

It absolutely is in Texas, between Republican politicians like Abbott who take their donations to the libertarian bros pushing this bullshit.

On 7/9/2024 at 12:31 PM, Horn Under a Bad Sign said:

In Texas it is exactly that. 

And it’s not just a red issue, but a Red China issue.

On 7/9/2024 at 12:31 PM, Pam Cummings said:

Lulz at thinking Abbott or anyone with power will do anything about this. You will continue to get fleeced.

We could start getting brownouts on a regular basis and Abbott would thank the bitcoiners for their services. Or worse, taxpayer money going to the bitcoiners to not run their server farms.

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atomheartbevo

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2 hours ago, Nice Guy Eddie said:

Some of the most recent red issues have been very anti-rural living. Take school vouchers. That will destroy small town education unless your family only wants a religious education. And forget it if you or your family actually works for the ISD.

There are still some rural Republicans who want vouchers, who do not understand that those private schools will not be coming to Bumfuck, Texas.

Now the Republican politicians that represent those areas, their bank accounts and their kids will benefit by going to private schools in Dallas, or Houston, or Austin.

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Incredulity

Incredulity 11671

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26 minutes ago, atomheartbevo said:

It absolutely is in Texas, between Republican politicians like Abbott who take their donations to the libertarian bros pushing this bullshit

It’s and issue in both Red and Blue states.  So whatever chucklefuckery is allowing it to happen in Red states it is also occurring in Blue states.

Bitcoin mining, transportation electrification, data center construction and movement away from home NG heating/appliances have demand on a trajectory the grid and generation can’t possibly meet.  We are literally sprinting down the path(pretty much there in some regions ) to third world electricity issues.  Of course that can be fixed, but I expect alot more pain before we get there
 

 

 

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Captainant

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1 minute ago, Incredulity said:

It’s and issue in both Red and Blue states.  So whatever chucklefuckery is allowing it to happen in Red states it is also occurring in Blue states.

Bitcoin mining, transportation electrification, data center construction and movement away from home NG heating/appliances have demand on a trajectory the grid and generation can’t possibly meet.  We are literally sprinting down the path(pretty much there in some regions ) to third world electricity issues.  Of course that can be fixed, but I expect alot more pain before we get there

Yes, bitcoin/crypto mining is happening everywhere. No, it's not this dogshit and horrible to the communities around it everywhere. Your party is gonna keep making this state worse and worse to live in, all for the sake of some foreign investors to make a quick buck. 

But hey, you just go on believing that leopard will never eat your face as you vote for it over and over and over. 

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gmr548

gmr548 16580

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On 7/9/2024 at 10:29 AM, Incredulity said:

This isn't a Red/Blue issue.

Its everywhere and its utterly absurd

https://www.cnn.com/videos/business/2022/04/25/watt-dnt-bitcoin-mining-electricity-washington-nr-vpx.cnn

Y'all making me defend Incredulity but this is correct. Bitcoin mining, AI, and large data centers are massive energy hogs, and they are all over the country. The US has been making major energy efficiency gains, keeping electricity use flat, if not declining, for most of this century despite a growing population and ever more digital life; but these things are busting that progress.

Now, to the degree that Texas is unique in selling out to land these operations and of course in the context of its inability to manage and operate a first world power grid, yeah it's the long standing party in power that gets to own it.

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Captainant

Captainant 27667

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Just now, gmr548 said:

Y'all making me defend Incredulity but this is correct. Bitcoin mining, AI, and large data centers are massive energy hogs, and they are all over the country. The US has been making major energy efficiency gains, keeping electricity use flat, if not declining, for most of this century despite a growing population and ever more digital life; but these things are busting that progress.

Now, to the degree that Texas is unique in selling out to land these operations and of course in the context of its inability to manage and operate a first world power grid, yeah it's the long standing party in power that gets to own it.

It's not just sweetheart deals - we the people of Texas are paying these fuckers to turn off their rigs when we need power. And they're making MORE money by simply turning off their computers than they are from actually doing the cryptomining.

Our group of happy fascists are just handing over taxpayer dollars because they think that increasing demand on our grid will magically entice more power providers to set up shop and exploit our distressed markets

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texasdago

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On 7/9/2024 at 12:23 PM, Horn Under a Bad Sign said:

Republican voters suffering from health issues caused by bitcoin mines that Republican politicians like Greg Abbott have sold them out to.  Bitcoin mines now consuming enough electricity to power 460,000 Texas homes.

https://time.com/6982015/bitcoin-mining-texas-health/


All this environmental destruction in pursuit of a magic bean that doesn't exist in any tangible, physical space. 

Good news for Greg Abbott... he'll win Hunt County next time, too... (2022 results)

image.png.2989bb9d476616e8d2bff8b917ead06b.png

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Ghost of LL

Ghost of LL 15531

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23 hours ago, gmr548 said:

Y'all making me defend Incredulity but this is correct. Bitcoin mining, AI, and large data centers are massive energy hogs, and they are all over the country. The US has been making major energy efficiency gains, keeping electricity use flat, if not declining, for most of this century despite a growing population and ever more digital life; but these things are busting that progress.

Now, to the degree that Texas is unique in selling out to land these operations and of course in the context of its inability to manage and operate a first world power grid, yeah it's the long standing party in power that gets to own it.

They're not really all over the country.  Texas dominates bitcoin mining in the United States (and consequently, the world).  And that is in large part because, as @Captainant rightly points out, they can make more money in Texas by turning off their machines than they can anywhere actually mining bitcoin.

We're going to look back on bitcoin in the medium-term future with nothing but disgust and wonderment.  Between the physical harm it's doing to rural residents who live near these miners, the environmental harm it is doing with its electric and water consumption, and the financial harm it has done to millions of people who aren't financially literate, bitcoin has caused/is causing untold amounts of human suffering.  All for what?  A product whose sole utility is money laundering and rube-fleecing?

It really is a fair encapsulation of 34 years of Republican governance in Texas.

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wildcat09

wildcat09 29354

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Just now, Ghost of LL said:

They're not really all over the country.  Texas dominates bitcoin mining in the United States (and consequently, the world).  And that is in large part because, as @Captainant rightly points out, they can make more money in Texas by turning off their machines than they can anywhere actually mining bitcoin.

We're going to look back on bitcoin in the medium-term future with nothing but disgust and wonderment.  Between the physical harm it's doing to rural residents who live near these miners, the environmental harm it is doing with its electric and water consumption, and the financial harm it has done to millions of people who aren't financially literate, bitcoin has caused/is causing untold amounts of human suffering.  All for what?  A product whose sole utility is money laundering and rube-fleecing?

It really is a fair encapsulation of 34 years of Republican governance in Texas.

Don't forget all the child abuse and human trafficking it helps enable.

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Ghost of LL

Ghost of LL 15531

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2 minutes ago, wildcat09 said:

Don't forget all the child abuse and human trafficking it helps enable.

Yeah--that's part of the money laundering.  I mean, money laundering isn't just for blow and insider trading, now is it?

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Pam Cummings

Pam Cummings 9641

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6 minutes ago, Ghost of LL said:

They're not really all over the country.  Texas dominates bitcoin mining in the United States (and consequently, the world).  And that is in large part because, as @Captainant rightly points out, they can make more money in Texas by turning off their machines than they can anywhere actually mining bitcoin.

We're going to look back on bitcoin in the medium-term future with nothing but disgust and wonderment.  Between the physical harm it's doing to rural residents who live near these miners, the environmental harm it is doing with its electric and water consumption, and the financial harm it has done to millions of people who aren't financially literate, bitcoin has caused/is causing untold amounts of human suffering.  All for what?  A product whose sole utility is money laundering and rube-fleecing?

It really is a fair encapsulation of 34 years of Republican governance in Texas.

Any rational thinking on bitcoin comes to one logical conclusion: the only benefit of crypto currency is that it is untraceable. The only people who give a shit about their money not being traceable are criminals. Ergo, cryptocurrency is nothing but an enabler of criminal activity.

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wildcat09

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Just now, Pam Cummings said:

Any rational thinking on bitcoin comes to one logical conclusion: the only benefit of crypto currency is that it is untraceable. The only people who give a shit about their money not being traceable are criminals. Ergo, cryptocurrency is nothing but an enabler of criminal activity.

It's not untraceable, actually, it's just anonymous. If someone is able to figure out which wallet(s) are yours, they can pretty easily figure out literally everything you've ever spent bitcoin on. 

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