Ted Cruz says bitcoin will stabilize Texas electrical grid—right here’s why he’s incorrect

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Enlarge / Texas Sen. Ted Cruz. Gage Skidmore / Flickr Sen. Ted Cruz (R-Texas) thinks he has discovered a technique to stabilize Texas’ electrical grid in case one other deep freeze hits the state. He desires to make use of the ability of bitcoin. “Due to the power of bitcoin mining to activate or off …
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