Lawmakers warn that the energy-hungry facilities risk 'crashing' the state's stand-alone electric grid.
GRANBURY — Cheryl Shadden can’t sleep. The 61-year-old nurse, who works at hospitals giving patients anesthesia, says she is kept up at night by the nonstop mechanical whir of fans spinning to cool tens of thousands of computers. Shadden lives in Granbury , about 40 miles southwest of Fort Worth , with her seven dogs, six horses, six cats and a parrot.
faces demand growth, lawmakers challenge crypto. And increasingly, Texas lawmakers are worried that energy-hungry mines will make it harder to keep the lights on across the state. “They’re going to put our grid at risk because of the power they’re drawing,” state Sen. José Menéndez, a San Antonio Democrat, said at a public hearing June 12.
said, “Currently, the crypto mining industry represents the largest share of large flexible loads seeking to interconnect to the enters ‘new era’ as it stares down unprecedented demand growth by 2030 One of the companies applying for a loan is Constellation Energy, which owns the Wolf Hollow II power plant in Granbury. Constellation has an agreement with Marathon Digital, allowing Marathon to rent space next to the power plant for bitcoin mining and purchase power directly from Wolf Hollow II.
Texan bitcoin miners profit by using less electricity; advocates say all Texans should be able to Separately, bitcoin companies can participate in demand response programs, in which the companies allow
ERCOT Inside Climate News Riot Marathon Digital Texas Commission On Environmental Quality Business And Commerce Committee ERCOT System Texas Legislature The New York Times Texas Energy Fund Earthjustice Senate Texas Blockchain Council Republican Public Citizen Cheryl Shadden Mandy Deroche Jim Crawford Lee Bratcher Woody Rickerson José Menéndez Dan Patrick John Highsmith Charles Schwertner Adrian Shelly Democrat Hey S.A. Texas GRANBURY Fort Worth San Antonio Austin Rockdale Hood County Georgetown Marathon Breaking Through The Bitcoin Myths Bitcoin Texans Proposition 7 Riot Platforms Large Flexible Loads Coinbase Wolf Hollow II Wild Wild West
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