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Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), announced his resignation from his position effective January 20, 2025, coinciding with the inauguration of President-elect Donald Trump. Gensler was known for his tough stance on cryptocurrencies and his actions against major platforms such as Coinbase and Binance. His resignation opens the way for Trump to appoint a new chairman who may change the Commission's policies towards financial markets and digital assets.
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), announced his resignation from his position effective January 20, 2025, coinciding with the inauguration of President-elect Donald Trump. Gensler was known for his tough stance on cryptocurrencies and his actions against major platforms such as Coinbase and Binance. His resignation opens the way for Trump to appoint a new chairman who may change the Commission's policies towards financial markets and digital assets.
https://s.binance.com/ANYAW04H?utm_medium=web_share_copy
458858771
458858771
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#BTC The impact of Bitcoin mining on Texas's electrical grid and cost savings
AI Summary
According to Cointelegraph, a recent report from the Digital Assets Research Institute (DARI) highlights the significant impact of Bitcoin mining on Texas's electrical grid, which could allow the state to save up to $18 billion by reducing the need for new gas plants for peak consumption. This revelation comes at a time when Texas has faced severe climate issues, such as the winter storm of 2021 that caused widespread power outages and economic losses.
Traditionally, grid operators have relied on gas plants to manage peak electricity demand. While they are effective during short periods, these plants are expensive, idle for most of the year, and contribute significantly to greenhouse gas emissions. The DARI report suggests that Bitcoin mining presents a more efficient alternative through demand response programs. These programs allow Bitcoin miners to quickly reduce energy consumption during demand peaks, thus stabilizing the grid.
The report indicates that the Electric Reliability Council of Texas (ERCOT) explored alternatives to conventional peak gas plants after the devastation of the winter storm of 2021. Bitcoin mining emerged as a viable solution to balance electricity demand and supply, preventing additional power outages. Miners in Texas are actively participating in ERCOT's demand response programs, voluntarily reducing energy use during peak demand times. This strategy has negated the need for Berkshire Hathaway Energy's proposed $10 billion investment in new peak gas plants, which would have increased electricity costs for Texans.
AI Summary
According to Cointelegraph, a recent report from the Digital Assets Research Institute (DARI) highlights the significant impact of Bitcoin mining on Texas's electrical grid, which could allow the state to save up to $18 billion by reducing the need for new gas plants for peak consumption. This revelation comes at a time when Texas has faced severe climate issues, such as the winter storm of 2021 that caused widespread power outages and economic losses.
Traditionally, grid operators have relied on gas plants to manage peak electricity demand. While they are effective during short periods, these plants are expensive, idle for most of the year, and contribute significantly to greenhouse gas emissions. The DARI report suggests that Bitcoin mining presents a more efficient alternative through demand response programs. These programs allow Bitcoin miners to quickly reduce energy consumption during demand peaks, thus stabilizing the grid.
The report indicates that the Electric Reliability Council of Texas (ERCOT) explored alternatives to conventional peak gas plants after the devastation of the winter storm of 2021. Bitcoin mining emerged as a viable solution to balance electricity demand and supply, preventing additional power outages. Miners in Texas are actively participating in ERCOT's demand response programs, voluntarily reducing energy use during peak demand times. This strategy has negated the need for Berkshire Hathaway Energy's proposed $10 billion investment in new peak gas plants, which would have increased electricity costs for Texans.
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sounds like a scam
🚀🚀🚀🚀🚀🚀🚀💎💎💎💎💎💎💎
OFFICIAL MrBEAST COIN
My friends, check out this project. If you missed the Trump token, don't miss this one.
#BinanceSquareTalks #BinanceHerYerde
$SOL
OFFICIAL MrBEAST COIN
My friends, check out this project. If you missed the Trump token, don't miss this one.
#BinanceSquareTalks #BinanceHerYerde
$SOL
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a smell of scam, bro
TRUMP COIN !
Can someone say when to sell? Will it continue rising to $ 100 USDTS? Is selling on the 20th the right move?
Several traders say that after the 22nd!!
Can someone say when to sell? Will it continue rising to $ 100 USDTS? Is selling on the 20th the right move?
Several traders say that after the 22nd!!
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https://x.com/plumenetwork/status/1880313901616885979
new tasks to claim airdrops
new tasks to claim airdrops
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I get a login error on x, the page is down for someone else too
Another Free Airdrop #Binance #AirdropAlert $USDC
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word of the day?
no
🎉🎉I RECEIVED THE FREE AVA COIN FROM LEARN AND EARN🎉🎉
✨RECEIVED 0.50000 AVA COIN ✨
COMMENTS DOWN IF YOU RECEIVED YOUR REWARD🎁
#AVA #AVACOIN
#ClaimYourReward #LearntoEarn #FreeCryptoEarning
✨RECEIVED 0.50000 AVA COIN ✨
COMMENTS DOWN IF YOU RECEIVED YOUR REWARD🎁
#AVA #AVACOIN
#ClaimYourReward #LearntoEarn #FreeCryptoEarning
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be very careful ⚠️
TrustWallet
--
🚨 DDoS attacks on blockchain!
Hackers flood the network with fake transactions, causing delays & higher fees. Even decentralized networks aren't fully immune.
Stay informed 👇
https://short.trustwallet.com/ddos-attacks-in-blockchain
Hackers flood the network with fake transactions, causing delays & higher fees. Even decentralized networks aren't fully immune.
Stay informed 👇
https://short.trustwallet.com/ddos-attacks-in-blockchain
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who sent me sends id
I have the last 9 to send back
My ID 1025835254
My ID 1025835254
464812688
464812688
I have the last 9 to send back
My ID 1025835254
My ID 1025835254
464812688
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word of the day?
https://safu.im/jUVUnGXx?utm_medium=web_share_copy
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thank you but I cannot claim about red
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in case someone is interested
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ready bro hope 🗽
1051475989 I return
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464812688 I send you
1051475989 I return
Explore the latest crypto news
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VeThorOnBinance
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$VTHO /USDT 🚀🚀🚀
🧧 Trade Setup $VTHO
Entry : 🚀
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$BTC
--NARUTO--
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