Bitcoin miners and climate change lunatics combined forces and nearly took down the Texas power grid during a cold snap two days before Christmas.
Time to stop playing nice with these dipsticks. They nearly killed thousands of people this Christmas.
Before we completely obliterate the Texas Bitcoin mining industry, let’s first quickly destroy the brainwashed climate change conspiracy theorists with one chart.
Check out the Electric Reliability Council of Texas (ERCOT’s) fuel mix for the Texas power grid on Christmas Eve Eve:
On a day when Texas shattered the peak record for most electricity ever used during the winter, solar and wind combined to generate a puny 3.9% of the Texas power grid fuel mix.
Natural gas, coal and nuclear provided over 95% of the power.
Just like during the Snowpocalypse Power Outage of February 2021, the unreliable green energy sources once again shit the bed at the crunch time.
Same thing happened the very next night.
Wind and solar power decided to take the night off on Christmas Eve - as temperatures plummeted and electric use soared.
The Ghost of Christmas Future paid Teddy a visit on Christmas Eve, and showed me a horrifying vision of Christmas 2032 where we all froze to death in our wind turbine-powered homes because we failed to properly handle these art-destroying climate wackos who claim to know how weather works.
U.S. government’s current energy plan:
We can rapidly accelerate the transition from a fossil fuel-based existence to an uncertain green energy nightmare by passing new laws, clicking our heels three times and wishing it all magically comes true.
Imagine the total chaos, carnage and death on America’s roadways last week during the Winter Storm Elliot bomb cyclone, if millions of Americans traveling for Christmas were forced to drive electric cars in freezing temperatures?
From today’s WSJ (via Apple News):
“When temperatures drop to 5 degrees Fahrenheit, the cars achieve only 54% of their quoted range. A vehicle that’s supposed to be able to go 250 miles between charges will make it only 135 miles on average. At 32 degrees—a typical winter day in much of the country—a Tesla Model 3 that in ideal conditions can go 282 miles between charges will make it only 173 miles.”
”Imagine if the 100 million Americans who took to the road over the holidays were driving electric cars. How many would have been stranded as temperatures plunged? There wouldn’t be enough tow trucks—or emergency medics—for people freezing in their cars.”
What happens if the only charging station on your 180 mile route to Grandma’s house is out of order, and your Tesla can only travel for 173 miles when it’s cold outside?\
In a few short years, we will call this “death by virtue-signaling”.
Let’s move on to these greedy Texas Bitcoin Mining bastards:
Teddy sounded the alarm about these energy-sucking tapeworms back in May:
Bitcoin Mining and Tesla Charging Could Take Down the Texas Power Grid (May 20, 2022)
Texas Bitcoin Miners Insist They Are Making the Power Grid Stronger. Guess Who Pays For the Upgrades? (May 21, 2022)
NOTE TO SELF:
Maybe the reason why Elon Musk still hasn’t restored your Twitter account at underscore Teddy Brosevelt is because of that headline where you said Telsa charging could take down the Texas power grid.
Texas governor Greg Abbott invited the world’s bitcoin miners to come to Texas to waste gigawatts of our precious power to solve math problems that generate digital tokens that have no intrinsic value.
Calling this idea “totally fucking stupid” would be a gross understatement.
ERCOT says they expect 5 to 6 gigawatts of new power demand from bitcoin miners over the next 12 to 15 months.
But their long-term projections keep increasing.
April 2022: ERCOT says that bitcoin miners representing about 17 Gigawatts worth of electricity use had contacted the state about prospective operations.
July 2022: ERCOT says crypto miners will need 27 Gigawatts
August 2022: ERCOT says we will need 33 gigawatts of power for bitcoin mining.
Energy researchers say that adding this much power load to the Texas electrical grid in such a short time frame is “astronomically impossible”.
Now ERCOT’s latest projections project that bitcoin mining will add 33 gigawatts of load to the grid. That’s the size of Florida or New York’s grid.
Right now, the Texas power grid is struggling to meet 74 gigawatts of peak demand on a 15 degree winter day when the sun is down and the wind stops blowing.
And these clowns at ERCOT and the Texas state government are moving ahead with plans to add 33 extra gigawatts of load to this shaky-ass grid for what?
Mining digital Ponzi scheme tokens?
You gotta be KIDDING ME!
Here’s my question:
Right now, ERCOT says that industrial scale bitcoin miners account for two gigawatts of power right now. And another two gigawatts for crypto mining companies are coming online.
But they have pending “applications” from other bitcoin mining companies to suck up another 33 gigawatts of power.
The crypto industry is not exactly known for its honesty, morals and ethics.
How many of these bitcoin mining companies have just set up a warehouse and started mining already - without asking permission or waiting for their “application” to be approved?
The only reason why these unscrupulous bitcoin miners would wait to get official approval from ERCOT is so they can get paid more for shutting down.
In July 2022, Texas bitcoin mining company Riot Blockchain made $5.6 mining bitcoins.
But ERCOT paid them double that ($9.5 million) to shut down. Somehow ERCOt has created an incentive program where it’s twice as lucrative to STOP WORK AND SHUT DOWN than keep mining for coins.
Name one other industry or profession where you get paid double your salary for not coming into work.
Does this sound like some sort of scam?
Yeah it does.
And that’s because it’s THE BIGGEST FUCKING SCAM IN HISTORY.
The reason why these Texas Bitcoin mining companies are getting away with murder is the same reason why Scam Bankman-Fraud is spending the holidays at Mom and Dad’s mansion in Palo Alto instead of a prison cell.
They gave huge sums of money (“political donations”) to powerful people in charge.
And they nearly plunged 30 million Texans into a survival situation with no power during freezing temperatures. Thousands of people would have died in Texas this Christmas season due to reckless idiocy.
Keep in mind, Texas is bending over backwards for an industry that will be dead by 2040.
No more than 21 million bitcoin can ever be minted. And miners have already extracted 19.2 million coins.
The number of bitcoins available for mining halves every four years. Right now roughly 900 bitcoin are created every day.
With only 1.7 million bitcoin left to be mined, the bitcoin mining industry will not exist by 2040.
So with the clock ticking and the price of bitcoin now hovering around $16,500, these greedy bitcoin mining bastards definitely feel a sense of urgency to move down to Texas and start sucking down gigawatts now.
They aren’t waiting for permission or ERCOT’s approval.
ERCOT predicted this summer that peak power during the winter in an extreme event would reach around 67 gigawatts.
It turned out to be 74 gigawatts.
Take a wild guess why ERCOT underestimated peak energy demand by 7 gigawatts.
Gee, I wonder who was using all that extra power that put us in peril?
Episode #40 of ‘The Teddy Brosevelt Show’ was recorded over 48 hours ago.
But I’ve been sitting it on for two days now, after getting stuck in the weeds writing this long-ass post about the despicable crypto and climate cretins who almost killed thousands of Texas grandmas this Christmas.
Teddy’s Substack New Year’s Resolution is to separate the podcast from these long posts.
Starting with Episode #41, I’m going to make the podcast posts short and sweet, with a quick bulleted list of show topics.
Speaking of bulleted lists of topics, Episode #40 isn’t all about the Texas grid going down.
MORE EPISODE #40 TOPICS:
Last December, Joe Biden warned unvaccinated Americans that we were facing a winter of severe illness and death. This December, it appears the exact opposite is true. The more vaccine shots you get, the more your immune system experiences irreversible damage. Read this: “The trainwreck of all trainwrecks: Billions of people stuck with a broken immune response”
Teddy analyzes the differences between Winston Churchill’s address to Congress in 1941 and last week’s surprise speech delivered by a short little sweatshirt-wearing man from Ukraine, who has already received $110 Billion in financial aid from the USA and says it’s still not enough. Putin is like Hitler and Japan during World War II. If we don’t give Ukraine another $110 Billion, Putin will try to conquer the world and he’s coming for us next or something.
Ron Paul: “The USA has given Ukraine $110 million - that’s two times the size of the entire military budget of Russia.”
The $1.7 Trillion Pelosi-Schumer Omnibus Spending Bill is 4,155 pages long. A regular King James Bible with standard font and spacing is 1,200 pages long. So three Bibles worth of pork.
The Omnibus bill specifically says money CANNOT be spent to secure our southern border with Mexico. But we earmark hundreds of millions for countries like Egypt and Jordan to protect their borders. We are giving $45 billion to Ukraine to protect their border. It’s almost like a hostile foreign takeover of our government. Our corrupt and controlled opposition “elected officials” are sending billions of our tax dollars overseas as the cost of living here in America keeps getting steeper.
Episode #40 of ‘The Teddy Brosevelt Show’ was recorded live at the HA-HA Factory in Austin, Texas on Monday evening, December 26, 2022.
We’ve got fresh new intro music for this show. The outro features several new beats we created over Christmas.
Thanks for subscribing to the Substack and podcast!
Merry Christmas!
Subscribe and listen to ‘The Teddy Brosevelt Show’ podcast on all major streaming platforms:
P.S. Every American needs to read ALL The Twitter Files.
THE TWITTER FILES
Part 1: The Twitter Files, Dec 2, 2022 - Matt Taibbi (archive)
Twitter Files Supplemental thread explaining FBI interference in Twitter Files dumps, Dec 6, 2022 - Matt Taibbi (archive)
Part 2: Twitter's Secret Blacklists, Dec 9, 2022 - Bari Weiss (archive)
Part 3: The Removal of Donald Trump, Part 1: October 2020 - January 6th, Dec 9, 2022 - Matt Taibbi (archive)
Part 4: The Removal of Donald Trump: January 7th, Dec 10, 2022 - Michael Shellenberger (archive)
Part 5: The Removal of Trump From Twitter, Dec 12, 2022 - Bari Weiss (archive)
Part 6: Twitter, The FBI Subsidiary, Dec 16, 2022 - Matt Taibbi (archive)
Twitter Files Supplemental thread detailing more FBI involvement, Dec 14, 2022 - Matt Taibbi (archive)
Part 7: The FBI & The Hunter Biden Laptop, Dec 19, 2022 - Michael Shellenberger (archive)
Part 8: How Twitter Quietly Aided the Pentagon’s Covert Online PsyOp Campaign, Dec 20, 2022 - Lee Fang (archive)
Part 9: Twitter and "Other Government Agencies", Dec 24, 2022 - Matt Taibbi (archive)
Part 10: How Twitter Rigged the Covid Debate", Dec 26, 2022 - David Zweig (archive)
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