How Texas Became a Global Mecca for Bitcoin Mining
https://www.coindesk.com/consensus-magazine/2023/07/24/how-texas-became-a-global-mecca-for-bitcoin-mining/Open linkView original on lemmy.mlhttps://www.coindesk.com/consensus-magazine/2023/07/24/how-texas-became-a-global-mecca-for-bitcoin-mining/Open linkView original on lemmy.ml
Easy, by subsidizing the negative externalities!
The same way cars are possible
Privatized profits, socialized risk - wonder how miners are faring this summer with the grid instabilities
That's how car works too