Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs

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Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs
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A bill that will cap bitcoin miners' participation in grid programs that pay them to curtail their operations, passed the Texas Senate with only one 'no' vote. egreechee reports

The Texas Senate passed a bill that will cap how much bitcoin miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand.

The bill aims to limit bitcoin miners participation in demand response programs - under which they get paid in credits to turn off their operations when the power grid sees a surge of demand - to 10% and abolish tax abatements for the industry.

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