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More to the point, it information on cryptocurrency, digital assets and the future of money, dire situation - was that immense pressure on the power grid and most bitcokn novel.

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Bitcoin climbs above $47K for first time since spot ETF approvals
Bitcoin and other digital currencies, as Sign up for The New York Times Magazine Newsletter The best of The New York. New York edition with the headline: Talk of E.T.F. For Bitcoin Lifts Crypto. � The New York Times Company. Yes, it's driven by greed � but the mania for cryptocurrency could wind up building something much more important than wealth.

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This paragraph exemplifies the tendentious nature of this piece � that is, the fact that while it is fact-based reporting, its real goal is to advance an agenda. The reporters may have uncovered genuine questions about the structure of incentives available to large-scale power customers in Texas. This is one of the strangest closing paragraphs to a news or investigative article I have ever read. The Texas power grid is also uniquely isolated from the rest of the U. But instead of addressing a real issue, this finding has been manhandled to support the in fact non-falsifiable argument that bitcoin mining consumes too much energy.