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Stock impact report

San Francisco Blackout Reveals Crypto's Dependence on Power Infrastructure [Yahoo! Finance]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: Yahoo! Finance
The incident forced residents to face technology's fundamental vulnerabilities. Caused by a fire at a PG&E substation, the blackout cut off access to digital wallets and cryptocurrency exchanges for thousands of users. The event highlights how, despite the resilience of decentralized blockchain networks, practical crypto usability still relies on local electricity and internet infrastructure. The outage began at 1:09 pm, affecting about one-third of PG&E customers in San Francisco. The disruption focused on the Richmond District and spread across the city. By 11 p.m., power had been restored to roughly 95,000 customers, but nearly 18,000 remained without electricity Sunday afternoon. The incident disrupted city transit, halted Waymo robotaxis mid-ride, and forced the closure of many restaurants and shops. The scale caught many off guard. As one observer noted on social media, nearly 30% of the city lost power overnight—no storm, no warning, no clear accountability. The blackou Show less Read more
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