This is the best summary I could come up with:
But Mandy DeRoche, deputy managing attorney in the clean energy program at Earthjustice, a nonprofit environmental law group, said crypto mining businesses shouldn’t be praised for reducing power on the grid when they are using so much to begin with.
Ed Hirs, a University of Houston lecturer and energy market expert, said he’s worried that more Bitcoin mines coming to the state will mean higher electricity prices for Texans.
That month, a Bitcoin mine that Riot Platforms acquired, Whinstone, received a $125 million windfall by selling power back to the grid, according to an investigation by the Tech Transparency Project.
“Essentially every miner is running the exact same algorithm, and it really is just a matter of luck,” said Samantha Robertson, a member of the corporate strategy team for Bitdeer, another Bitcoin company with an operation in Rockdale.
ERCOT is also running pilot projects in the Dallas and Houston areas that let people with Tesla Powerwall batteries sell their extra electricity onto the state grid when it’s needed.
Critics such as energy consultant Doug Lewin say the Public Utility Commission needs to get to a point where it can expand the pilot projects and make the concept a permanent part of how the grid works.
The original article contains 2,181 words, the summary contains 205 words. Saved 91%. I’m a bot and I’m open source!
Weird photo to use for this article. Those Bitcoin mines are big operations happening in warehouse-style buildings.
It’s actually not the hacker trope
IMG desc in the article
Terri Rimmer uses her computer to search for remote jobs in her Fort Worth apartment on Sept. 9, 2023. A blackout curtain on the window helps keep the room cool. Rimmer said the trauma from the February 2021 winter storm caused her to shut off her air conditioning last summer when the state grid operator asked Texans to reduce electricity use. Credit: Evan L’Roy for The Texas Tribune
Guess I should actually read articles huh
