In Texas idling rigs make more than mining crypto

mikeriley said:
The only thing I see, are people of the liberal persuasion who can't,
or won't espouse their ideas? WHY? (most of us know why)

There are a hundred reasons why I could never be a democrat.
Since there may be children reading this Forum, I'll skip reasons 1 through 4 and just purse over reason #5

Under liberal politics, their only solution for everything is raising taxes. Which eventually leads to a limitation of autonomous freedom for the individual when you continue to take his hard earned income.

What happened to insurance rates after Mr Obama fiddled
with the Healthcare system?

What happens to any infrastructure when you continue to raise taxes
for welfare programs to support illegal aliens?

What happens when liberal politicians think it's their responsibility
to fix income inequality? HINT: Think more corporate taxes which
is always handed down to consumers.

I could go on in this vein, but I'll just make one further point.
Your genius of a president currently in office, is under the delusion
tax increases could slow the growth of the federal debt!
All while Congress continues to spend money like everyday is Christmas.

See the difference? Do you trade this way too? Or is there a mind behind your
PC that can discuss ideas. IF not, head back to the sand box with the kids
and leave adults alone.:sneaky:
More...

Those are pretty rich delusions coming from someone calling out delusions.

DT, a thrice married adulterer, never gone to church, with 91 (and counting criminal charges) a model of conservative values, um ok.
Highly likely, you haven't even read any of the indictments.

How much did the Trump administration contribute to the national debt?

Maybe consider a visit to
https://wtfhappenedin1971.com/

Facts are facts, opinions disguised as facts not-so-much.

The current Republican party has no alignment with traditional conservative values, that mental model needs to be updated.
 
Sprout said:
Those are pretty rich delusions coming from someone calling out delusions.

DT, a thrice married adulterer, never gone to church, with 91 (and counting criminal charges) a model of conservative values, um ok.
Highly likely, you haven't even read any of the indictments.

How much did the Trump administration contribute to the national debt?

Maybe consider a visit to
https://wtfhappenedin1971.com/

Facts are facts, opinions disguised as facts not-so-much.

The current Republican party has no alignment with traditional conservative values, that mental model needs to be updated.
More...

the fact that you read facts vs just using wild statements is proof you are weak minded.
 
I just don't understand what you critics of this arrangement are missing. The power grid needs to be stable. It can't turn on and off like a light switch since the loads need to be balanced. The best type of customer who is one who uses lots of power, but can shut down at a moment's notice. Wouldn't this be something a utility wants to pay extra for?

What home owner wants to be told to turn off their AC, and especially when it gets hot outside? But if you make a contract in advance that a huge user of power will do as told, it makes sense that this customer is compensated in order to prevent the entire grid from going out.

Its the same thing in the airline industry. They over-sell seats since they know some people don't show up. But if everyone shows up, a few can't actually fly. So what do they do? Give out an incentive for someone to skip their flight by paying them. But if its just before Xmas, good luck getting someone to skip visiting the family. So it costs quite a bit until they find customers willing to walk away. It can generally be easily $1000 paid in cash in order for a willing passenger to walk away. But this now allows the plane to leave and let everyone else get to where they are going. If nobody takes the offer, this is where it gets ugly, just like a blackout. People fight, they end up having to call the cops, and the flight is delayed, and never mind the reputational damage to the airline.

So a miner who uses lots of power but is willing to stop using power in exchange for compensation is actually a huge benefit for the grid.

So people, educate yourself before thinking you know everything.
 
newwurldmn said:
the fact that you read facts vs just using wild statements is proof you are weak minded.
More...

:D

weak minded represent!

Screenshot 2023-09-10 103850.png

https://www.statista.com/statistics/1366899/percent-change-national-debt-president-us/

https://www.thebalancemoney.com/us-debt-by-president-by-dollar-and-percent-3306296
 
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yeah. We get it.

But come on. It’s odd when the most profitable line item for a company is not running.



NoahA said:
I just don't understand what you critics of this arrangement are missing. The power grid needs to be stable. It can't turn on and off like a light switch since the loads need to be balanced. The best type of customer who is one who uses lots of power, but can shut down at a moment's notice. Wouldn't this be something a utility wants to pay extra for?

What home owner wants to be told to turn off their AC, and especially when it gets hot outside? But if you make a contract in advance that a huge user of power will do as told, it makes sense that this customer is compensated in order to prevent the entire grid from going out.

Its the same thing in the airline industry. They over-sell seats since they know some people don't show up. But if everyone shows up, a few can't actually fly. So what do they do? Give out an incentive for someone to skip their flight by paying them. But if its just before Xmas, good luck getting someone to skip visiting the family. So it costs quite a bit until they find customers willing to walk away. It can generally be easily $1000 paid in cash in order for a willing passenger to walk away. But this now allows the plane to leave and let everyone else get to where they are going. If nobody takes the offer, this is where it gets ugly, just like a blackout. People fight, they end up having to call the cops, and the flight is delayed, and never mind the reputational damage to the airline.

So a miner who uses lots of power but is willing to stop using power in exchange for compensation is actually a huge benefit for the grid.

So people, educate yourself before thinking you know everything.
More...
 
NoahA said:
I just don't understand what you critics of this arrangement are missing. The power grid needs to be stable. It can't turn on and off like a light switch since the loads need to be balanced. The best type of customer who is one who uses lots of power, but can shut down at a moment's notice. Wouldn't this be something a utility wants to pay extra for?

What home owner wants to be told to turn off their AC, and especially when it gets hot outside? But if you make a contract in advance that a huge user of power will do as told, it makes sense that this customer is compensated in order to prevent the entire grid from going out.

Its the same thing in the airline industry. They over-sell seats since they know some people don't show up. But if everyone shows up, a few can't actually fly. So what do they do? Give out an incentive for someone to skip their flight by paying them. But if its just before Xmas, good luck getting someone to skip visiting the family. So it costs quite a bit until they find customers willing to walk away. It can generally be easily $1000 paid in cash in order for a willing passenger to walk away. But this now allows the plane to leave and let everyone else get to where they are going. If nobody takes the offer, this is where it gets ugly, just like a blackout. People fight, they end up having to call the cops, and the flight is delayed, and never mind the reputational damage to the airline.

So a miner who uses lots of power but is willing to stop using power in exchange for compensation is actually a huge benefit for the grid.

So people, educate yourself before thinking you know everything.
More...


You think that the airlines are overbooked during XMAS? FAA-regs require that the passenger is entitled to 400% of what they paid if no arrangements are offered. How often do you think this happens? I've never seen it while traveling on XMAS. I've seen it twice when flying to the Caribbean, lifetime.

You have to be some precious type of idiot to think that implicit extortion (curtailing mining ops) is a valid operating business model. Balancing the power grid? Are you r*tarded?
 
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