This post is a really interesting convergence of a few OODA Loop research vectors: crypto miners, drought/heat wave conditions, energy policy, risk awareness, and decision-making.

To start, the reason Texas ends up in the national headlines (and is tracked as a bellwether during this now consecutive, seemingly now annual record-breaking mid-summer heat waves) is that the state is an example of what statisticians call “extreme sampling”:  the Texas electrical grid “does not connect to other states’ grids, and can’t take power from them in emergencies.  [As a result], during a 2021 winter storm, power demand exceeded supply and over 200 people died.”  Whatever your working definition of operational resiliency may be, the Texas energy ecosystem is not it.