The End of the Texas Bitcoin Mining Gold Rush

The End of the Texas Bitcoin Mining Gold Rush

The state’s grid operator, the Electric Reliability Council of Texas, or Ercot, has slowed issuance of new permits for miners to connect to the grid, said Steve Kinard, director of bitcoin mining analytics at the Texas Blockchain Council (TBC), an industry association. Ercot is trying to balance the state’s demand and supply of electricity.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*