The Electric Reliability Council of Texas (ERCOT) has recommended that Bitcoin mining be integrated as a Controllable Load Resource (CLR) to enhance grid reliability. This move comes as Texas anticipates a significant increase in electricity demand over the next decade, driven by AI and Bitcoin mining. ERCOT CEO Pablo Vegas noted that the state's grid capacity will need to double within the next ten years to meet this demand. The recommendation has sparked scrutiny and debate among Texas lawmakers, with some expressing concerns about the growing energy consumption of cryptocurrency mining. Lieutenant Governor Dan Patrick has indicated that more scrutiny is coming for the industry.
Curious about thoughts on this from @nic__carter and others. Texas' Lt. Gov sounding anxious about Bitcoin miners using the local grid. He's definitely not some liberal culture warrior... https://t.co/SUGHVidH4l https://t.co/4P45OfTFwt
Spooked by projections of how much electricity Texas could need by 2030, lawmakers have soured on the growth of cryptocurrency mining after years of inviting the industry to the state. One lawmaker on data centers: “Can we just say, ‘No, you can’t come?’” https://t.co/KnvCiRMzgh
Is Texas breaking up with bitcoin miners? As ERCOT faces demand growth, lawmakers challenge crypto. https://t.co/V5f6gyKz5X
ICYMI: Texas wants to use bitcoin miners for grid stability as power demand soars Read the full article 👇 https://t.co/lj9mEGyBa2 https://t.co/6oLL65QZ7Z
JUST IN: Texas power grid operator ERCOT recommends that #Bitcoin mining should be directly integrated as a Controllable Load Resource to increase reliable grid balancing “Ancillary services represents about 7% of the overall money spent in the electric market and crypto is… https://t.co/qL2TSQxNxp
NEW: 🇺🇸 Texas' grid capacity will need to double over the next 10 years to handle demand from 🤖 AI and #Bitcoin ⛏️ mining, says ERCOT CEO Pablo Vegas. More scrutiny is coming for the industry, says Lieutenant Governor of Texas Dan Patrick 🤔 https://t.co/u1kKO0GWZK
JUST IN: 🇺🇸 ERCOT recommends that #Bitcoin mining be integrated as a Controllable Load Resource to ensure grid reliability. They are starting to understand 🙌 https://t.co/exqEA2tQks
BREAKING: ERCOT recommends that #bitcoin mining in Texas should be directly integrated as a Controllable Load Resource (CLR) to increase reliable grid balancing https://t.co/SptjiSow6D