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Don’t Mine Me: ERCOT Requirements May Slow Texas’ New Crypto Currency Mining Operations

Don’t Mine Me: ERCOT Requirements May Slow Texas’ New Crypto Currency Mining Operations As Texas positions itself to become the world’s newest bitcoin mining hub, the Electric Reliability Council of Texas (“ERCOT”) has recently taken actions that may stall the integration of new cryptocurrency mining operations within the state. Apprehensions about the potential impacts of … Continue reading Don’t Mine Me: ERCOT Requirements May Slow Texas’ New Crypto Currency Mining Operations →

As ERCOT Pushes Energy Conservation, Some Fear Crypto Biz Could Tank Texas’ Faulty Power Grid

As ERCOT Pushes Energy Conservation, Some Fear Crypto Biz Could Tank Texas’ Faulty Power Grid Texans were asked to conserve energy during a warm spell last month, and this summer could break temperature records. Now, just a day into June, many Texans are already praying that the state’s power grid can handle the heat. Meanwhile, … Continue reading As ERCOT Pushes Energy Conservation, Some Fear Crypto Biz Could Tank Texas’ Faulty Power Grid →

Well-Constructed Solution: Geothermal to Power Bitcoin Mining

Well-Constructed Solution: Geothermal to Power Bitcoin Mining The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to … Continue reading Well-Constructed Solution: Geothermal to Power Bitcoin Mining →

Bitcoin miners say they’re helping to fix the broken Texas electric grid

Bitcoin miners say they’re helping to fix the broken Texas electric grid AUSTIN, TEXAS – The Texas power grid is struggling with fluctuating energy prices and sporadic service, but the state’s growing bitcoin mining community believes it can help fix it. Republican Sen. Ted Cruz agrees. “A lot of the discussion around bitcoin views bitcoin … Continue reading Bitcoin miners say they’re helping to fix the broken Texas electric grid →