Texas wants to use bitcoin miners for grid stability as power demand soars

The Electricity Reliability Council of Texas (ERCOT) is considering integrating Bitcoin miners as Controllable Load Resources (CLRs) to enhance grid stability. During a Texas Senate Business & Commerce Committee hearing, ERCOT CEO Pablo Vegas emphasized that classifying more Bitcoin miners as CLRs would improve the reliability of the state’s power grid. A CLR is a […]

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Genesis Digital Assets Leverages Renewables to Increase Bitcoin Mining Capacity at New Texas Facility

The global bitcoin mining company will harness wind and solar energy from West Texas to expand its operations.

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Bitcoin Miners Provide Power To 1.5M Homes During Texas Winter Storm

During the recent winter storm in Texas, Bitcoin miners returned enough electricity to power approximately 1.5 million homes, as reported by Satoshi Action on January 5th. This excess energy was able to provide warmth to residents who were experiencing power outages and freezing temperatures.  The Bitcoin mining industry has often been criticized for its high energy consumption, […]

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Bitcoin Mining And ERCOT - The Data Tells The Story

The amount of hashrate curtailed during Winter Storm Finn in January was exaggerated. The data shows the reality of the scale of curtailment.

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Crypto, AI growth could strain North American energy grids: NERC

North America faces energy challenges as cryptocurrency mining and AI data centers push electricity demand to unprecedented levels.

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Bitcoin decentralization is a matter of national security Auradine CEO

According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion down from the 92 trillion recorded on Sept. 20, 2024.

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