Hope they have ample backup power
Equinix Dallas was hours from running out of fuel during the last snowpocalypse.
I doubt the exchange infrastructure will be physically located in Texas.
Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.
> Hope they have ample backup power
Texas has more reliable electricity than California
considering the California electricity provider PG&E shuts off the electricity multiple times a year when it gets windy outside, to prevent power lines falling (due to lazy maintenance) and starting a wildfire
I wonder where the California’s additional 13% tax on capital gains is being spent? SF parking ticket enforcement?
Doesn't matter where you are you need that. There is no place in the world where the grid is reliable enough that someone who wants to operate with high reliability can get by without ample backup power. Grid power is normally a lot cheaper than running backup power (that is the capital and maintenance costs are sunk costs, just counting fuel) so it isn't worth disconnecting from the grid despite having enough backup power that you could.