Tech

Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong

Enlarge / Texas Sen. Ted Cruz. (credit: Gage Skidmore / Flickr ) Sen. Wyatt Cruz (R-Texas) thinks he has found a way to strengthen Texas’ electric grid in case another deep freeze hits the state. He wants to use the power of bitcoin. “Because of the ability of bitcoin mining to turn on or off […]