Bitcoin miners running up Texans' electricity bills

I haven't been following crypto for a while, but I thought that there weren't really any cryptocurrencies that were profitable to mine anymore. Has something changed, or did I miss something?

My bill hasn't changed much at all - seasonally its actually lower than last year. They're just consuming power that would otherwise be wasted...

>“These figures are conservative, accounting only for mining during ‘blue sky’ hours when prices are under $15 a megawatt-hour,” the report said. “Bitcoin mining is likely to have stronger impacts on the grid over time as the number of larger and more power-hungry mining facilities is likely to grow.”

No, no, the crypto bros have told us how this lowers everyone's bills because they're only using wasted off-cycle power. This is AMAZING for consumers.

In Texas up is down, right is right, and the State pays companies to use less electricity