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Ted Cruz Believes Texas’ Abundant Energy Is Opportunity for Bitcoin

Ted Cruz Believes Texas’ Abundant Energy Is Opportunity for Bitcoin



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9 Comments

  1. Well it CAN be, but first we need to hold our Texas government accountable for being so inept at energey management and production, a single cold front that dropped into the teens for a week was enough to kill 127 people in thier homes.

  2. tldr; Texas Senator Ted Cruz believes Bitcoin could be used to offset the energy wasted in the Permian Basin. Bitcoin consumes over 100 terawatt-hours (TWh) of electricity per year, making it among the top 30 countries in the world by electricity consumption. Bitcoin emits the same amount of greenhouse gas as approximately 48 billion pounds of burned coal or 572,000 tanker trucks worth of gasoline.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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