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helios bitcoin mine energyThick drops of rain thwacked the windshield as I neared a massive new cryptocurrency mine named for Helios, the mythological Greek god of the sun. The heaviest precipitation in months for the area—an hour east of Lubbock—had turned the red-dirt road into slippery muck. Within sight of the facility, it became clear my car could go no farther. An eighteen-wheel tractor trailer delivering pallets of computer servers had jackknifed, blocking the road. I watched for several minutes before a forklift managed to free the truck with help from a thick chain. The forklift’s operator whooped and handed out enthusiastic fist bumps to several nearby Helios workers. Lane Kingsbery, the mine’s operations manager, arrived in an electric cart to ferry me across the mud. But his…

The post Bitcoin Miners Could Save the Texas Grid—or Sink It appeared first on Texas Monthly.

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