Great post! Ever noticed that the crypto mining occurs in places with vast natural gas resources in America, in West Texas, North Dakota, & South East New Mexico. This is to take advantage of natural gas, so in a weird sense, crypto mining has become a part of the natural gas pipeline network. A way to get our gas out of the shale patch and not being venting or flared. It would be a smart move for pipeline companies to incorporate crypto mining into their network thereby getting award federal protection as critical infrastructure, which will help find a home for the glut of associated gas-as this is what is driving our price down-and can play the ESG angle with the reduction in venting and flaring while also aiding in stabilizing the grid-as the federal government works to destroy it.
Did not know about this tax!! Oh shit
Great post! Ever noticed that the crypto mining occurs in places with vast natural gas resources in America, in West Texas, North Dakota, & South East New Mexico. This is to take advantage of natural gas, so in a weird sense, crypto mining has become a part of the natural gas pipeline network. A way to get our gas out of the shale patch and not being venting or flared. It would be a smart move for pipeline companies to incorporate crypto mining into their network thereby getting award federal protection as critical infrastructure, which will help find a home for the glut of associated gas-as this is what is driving our price down-and can play the ESG angle with the reduction in venting and flaring while also aiding in stabilizing the grid-as the federal government works to destroy it.
You are exactly right!
We should get together and start a consulting firm that specializes in this.