Fort Worth, Texas becomes first in the US to mine bitcoin

[Hardline]

Fort Worth, Texas will become the first city government in the United States to mine bitcoin, with Mayor Mattie Parker implementing a tech pilot project that could catch on across the nation.

https://www.usatoday.com/story/money/2022/04/27/texas-first-us-city-bitcoin-mining/9551357002/

 

[nobody]

Great, now our governments are getting into ruining more tech hardware and driving up tech prices because of it just to mine bitcoin.

 

[BrAinPaiNt]

Interesting on multiple levels.

 

[Creeper]

Bitcoin would have to reach $55,500 for this outfit to be profitable. Not sure what they are trying to prove. Antminers are pretty much plug and go.

 

[Creeper]

Great, now our governments are getting into ruining more tech hardware and driving up tech prices because of it just to mine bitcoin.

If this takes off around the country, I would be more worried about them draining the energy supply.

 

[CyberB0b]

If this takes off around the country, I would be more worried about them draining the energy supply.

Miners actually stabilize the grid. They consume a lot of orphaned energy that can’t be stored and shut down during a shortage, because it’s unprofitable to mine during times of super high demand.