Texas Grid Impacted by Crypto Miners

What’s happening? We talked about this last week in relation to the ERCOT report that texas will account for 20% of global cryptocurrency mining by the end of 2022.

Why is this important? There’s the economic development and tech innovation part of this, but what’s making news now is the impact to the grid.

How will this be important? Let’s watch and see how these arrangements with miners play out to stop mining during peak times.

Dallas Morning News | Why cryptocurrency miners pose the next big threat to the Texas electric grid