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ThurberMingus  ·  812 days ago  ·  link  ·    ·  parent  ·  post: The Texas Electric Grid Failure Was a Warm-up

Wait, was someone planning to pay miners the cost of electricity to shut down during a price surge?

I assumed this was a free market 'they'll shut down on their own when it's too expensive' plan that ignored a net increase in demand will still cause an increase in prices.