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We Found the Hidden Cost of Data Centers. It's in Your Electric Bill [video]

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156 points xbmcuser | 2 comments | 04 Sep 25 12:33 UTC | HN request time: 0.526s | source
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lyu07282 ◴[04 Sep 25 13:30 UTC] No.45127076[source]▶
Texas even subsidizes the energy bill of crytominers directly, they receive discounts and subsidies while consumers pay more and more:

https://earthjustice.org/experts/mandy-deroche/how-much-do-w...

replies(1): >>45127155 #
1. antonymoose ◴[04 Sep 25 13:37 UTC] No.45127155[source]▶
Most water systems have similar deals. Customers will pay a fixed rate infrastructure base fee plus a usage fee, that usage fee for residential is higher than the discounted rate industry receives.

Much like corporations venue shopping municipalities for tax discounts, we need a Federal ban on these corporate subsidies at a Federal level to put us all back on a fair playing field.

replies(1): >>45127369 #
2. ◴[04 Sep 25 13:59 UTC] No.45127369[source]▶