Texas’ utility regulator on Thursday adopted a rule requiring cryptocurrency mining facilities connected to the state’s main electric grid to register with the state’s grid operator. The rule, which was mandated by lawmakers in a 2023 bill ...

New Texas legislation requires cryptocurrency miners to register with the state, with penalties of up to $25,000 per day for those in violation.

Cryptocurrency mining has been growing in Texas, evidenced by the stories of facilities popping up across the Lone Star State and at times causing disruptions for nearby residents. The claim is that these mining facilities use up a ton of power,

On November 21, Texas’ Public Utilities Commission (PUCT) passed a new rule requiring Bitcoin miners operating on the state’s ERCOT-managed power grid to register with the state and provide essential details about their facilities.

Texas introduces a rule requiring crypto miners on the ERCOT grid to register, aiming to manage energy demands.