Texas starts requiring new large-scale cryptocurrency miners to seek permission to access its power grid, in anticipation of increasing demand for 2022 and 2023
Power-hungry crypto miners will face new hurdles in connecting to Texas electrical networks, thanks to new rules from the state's grid operator https://www.bloomberg.com/...
I don't understand the issue. I mean, we already know that Texas has a resilient, high capacity electrical grid, perhaps the best in the world. https://www.bloomberg.com/...
“The move is a reaction to a surge in electricity demand expected from crypto miners this year and next. Texas regulators are grappling to understand how miners will tax a grid that had its vulnerabilities exposed during a deadly winter storm last year.” https://twitter.com/...