alt Hacker NewsHow are they generating this electricity without competing for resources generally?
There is also the increase in cost of borrowing for everyone. Going this fast is just insane.
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If the concern is non-localized resource or debt contention how is it different from any business?
I get generalized anxiety about pace of progress, but then let’s have that discussion rather than the canards about water or noise (which can be real in some cases, but taking GP at their word that’s not the case here).
Someone with more knowledge than my 2-minutes of googling should correct me, but...
It sounds like they'd be using the natural gas pipeline they would generate from starts in Opal, Wyoming, and that the company behind it was in huge amounts of debt and filed Chapter 11 a few years ago.
So at a glance, I'm curious if it might be this is helpful to everyone, but would need someone with more info to chime in before I could say that.
Natural gas which is abundant and cheap. I suppose I could see my gas bill going up.
I recall hearing an interview with a democratic politician (can't recall who), he had this thing: Data centres need to BYONCE (Bring Your Own New Clean Energy). This seems pretty reasonable to me, if the data centres pay for any build-out of the grid required for their operation and bring online green energy, then they are fine. For the community, worst case they go bust and leave behind an improved grid. Off-grid gas generators are BYONCE.