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Texas Crypto Miners Must Now Register With State
New Texas legislation requires cryptocurrency miners to register with the state, with penalties of up to $25,000 per day for those in violation.
Crypto miners must register with state and reveal power usage under new Texas rule
The Public Utility Commission of Texas adopted the rule amid surging demand for power across the state and a growing crypto mining industry in Texas.
Texas PUC passes rule requiring cryptocurrency mines to register
The claim is that these mining facilities use up a ton of power, causing strain to
Texas
' main power grid. Now, the commission that regulates the state's power is hoping to further manage these
crypto
-mining houses. The Public Utilities Commission of ...
Texas crypto-mining facilities in ERCOT region now required to register with PUCT
The Public Utility Commission of Texas approved a new rule requiring virtual currency mining facilities located within the Electric Reliability Council of Texas region to register with them.
Bitcoin Miners in Texas Required to Register and Reveal Operational Details
Under the regulation, Bitcoin miners must register within one working day of connecting to the ERCOT grid. The Public Utilities Commission of Texas (PUCT) has implemented a new regulation requiring Bitcoin miners connected to the Energy Reliability Council of Texas (ERCOT) grid to register and provide critical information about their operations.
Crypto Miners in Texas’ ERCOT Region Required to Report Power Demand
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.
Opinion
2h
Opinion
Crypto-mining and artificial intelligence could raise Texas electricity prices 70% by 2030
Data centers providing artificial intelligence and cryptocurrency mining are making enormous demands on the nation’s electric ...
Hoodline
22h
Texas Regulators Mandate Crypto Mining Facilities on ERCOT Grid to Register Amid Energy Concerns
Texas introduces a rule requiring crypto miners on the ERCOT grid to register, aiming to manage energy demands.
cryptonews
1h
Crypto-Friendly Legislation Underway: North American Blockchain Summit Event Recap
The North American Blockchain Summit 2024 focused on crypto-friendly legislation and bitcoin mining in the US.
CoinDesk on MSN
4d
U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto
A Texas federal court ruled that the regulator's new dealer definition that roped in crypto entities was "untethered" to U.S.
KERA News
4d
Goodbye, crypto; hello, AI: Denton data center is changing focus, planning to grow and use more power
Austin-based Core Scientific has ditched its crypto mining plans in Denton and now will be dedicating 100% of its Denton data ...
Law
4d
Texas Court Invalidates SEC’s Dealer Rule, Siding with Crypto Advocates
The
Crypto
Freedom Alliance of
Texas
and the Blockchain Association sued the U.S. Securities and Exchange Commission over ...
8h
AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a ...
Cryptopolitan on MSN
1d
Senator Ted Cruz: I aim for Texas to be a hub for Bitcoin and cryptocurrency
Senator Ted Cruz wants
Texas
to be a hub spot for Bitcoin and
crypto
, using the state’s resources and focus on freedom.
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