Markets Outlook cover image

The New York Times' Skewed Bitcoin Mining Exposé Reveals Blatant Bias

Markets Outlook

00:00

Bitcoin Mining in Texas

The New York Times reported that Bitcoin miners in Texas turned off power during a winter storm. The state has an incentive program to encourage the use of energy-saving applications at times of peak load. Aaron Carroll: This article frames it as some sort of nefarious manipulation. He says reporters may have uncovered genuine questions about the structure of incentives available to large scale power customers, but they didn't report on them.

Play episode from 02:44
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app