Bitcoin miners have been accused of holding electricity hostage in Texas
As noted by the prominent media outlet, the Electric Reliability Council of Texas , which is responsible for managing the flow of electric power in the state, pays Bitcoin miners not to turn their computers on high electricity demand days. Last August,Ethereum Hopes Are Gone, Bitcoin Crashes Down as Price Returns to 200 EMA, Bearish Shiba Inu Reversal Coming
Some commentators believe that miners should be forced to pay more for their electricity."This should not be how this works! Bitcoin miners should pay more for their electricity and be fined if they use too much, not be paid NOT to mine Bitcoin!" Ed Zitron, CEO of media and public relations group EZPR, wrote in a social media post.
Kelsey D. Atherton, a military technology journalist, has suggested that the government was supposed to seize the property of Bitcoin miners and cut them off the grid instead of giving them tens of millions of dollars not to work.
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