Energy & Water
SB 1751 (2023 | TX) limits crypto mining participation in the state demand response program that pays entities to add power back onto the grid by shutting down during grid stress. Texas Blockchain Council estimates that the crypto mining industry uses ,100 megawatts of Texas’ power supplies, up 75% over the last year.ERCOT estimates that crypto mining power demand is 3.7% of the state’s lowest forecast peak load.
Decrypt | New Texas Senate Bill Seeks to Slash Bitcoin Mining Incentives
Thank you for subscribing to our newsletter.
Great things are just around the corner!