Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the…
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Bitcoin network hashrate, which can also be considered as computing horsepower, has tanked since its October peak. When it drops sharply, it means miners are reducing their activity by voluntarily shutting down machines. “That’s exactly what we’re seeing today,” observed CryptoQuant analyst ‘Darkfost,’ who said that the hashrate has fallen from…
Texas has become a significant crypto-mining hub globally, mostly as a result of its fortunate combination of inexpensive electricity and a forgiving regulatory climate. A number of measures have recently been passed and have the potential to put the Lone Star state at the forefront of the development of crypto…