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42
Switzerland Thread?
I did a week last summer driving through/stopping in Tyrol, Lech am Arlberg, and Furstenau last year (ate and stayed at Schloss Schauenstein, a castle/3 Michelin star hotel/restaurant). Yes, Switzerland is expensive, and yes, it is worth every cent/Swiss Franc. It fucking rules. -
4964
Its happening (stadium renovations)
^ his real name is Kevin and he soaked up Philly like a sponge… -
47714
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4288
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Crypto miners here participate in demand response programs. When the demand is high they curtail usage and typically shut completely off. It's the concept of flexible loads. So at peak demand crypto will have zero responsibility for taking down the Texas grid. That's unlike a new player in energy demand. AI compute is not a flexible load player. In fact, it will be the runaway energy usage leader soon if it isn't already. Larry Fink from Blackrock expects trillions in energy infrastructure will be needed for AI, so goodbye to net zero anytime soon. Turns out it's AI boiling the oceans. From the piece Analysts expect ERCOT electric use will top that all-time high this summer with economic and population growth in Texas and demand for power from data centers, artificial intelligence (AI) and cryptocurrency mining rising fast. Again only one of those curtails. So better luck next time. -
4288
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
They won’t take down the grid. All of us electricity bill payers will give them money to turn off their mining equipment. Thanks Greg.
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