Comment by gcr
2 years ago
even with incentives, it’s still cash-negative for the miners to buy electricity from ERCOT though, right?
2 years ago
even with incentives, it’s still cash-negative for the miners to buy electricity from ERCOT though, right?
In that vein, I’m more interested in what Crusoe Energy is doing. They started out with Bitcoin mining at “energy island” locations. Now they are setting up AI data centres at such sites.