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Crypto Miners In Texas' ERCOT Region Required To Register, Report Power Demand
A new rule passed in Texas requiring cryptocurrency miners using the grid maintained by the Energy Reliability Council of Texas (ERCOT) to register and report key details about their facilities. CoinTelegraph reports: Under the Public Utilities Commission of Texas (PUCT) rule (PDF), passed on Nov. ...
CoinTelegraph reports: Under the Public Utilities Commission of Texas (PUCT) rule(PDF), passed on Nov. 21, Bitcoin miners must share the location, ownership information and demand for electricity of their facilities with the state agency. Miners have only one working day after the date their facility connects to the ERCOT grid to register and must renew every calendar year on or before March 1. According to PUCT Chairman Thomas Gleeson, the new rule was designed to help manage the power grid as more mining facilities come online.
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