Texas governor Greg Abbott eyes Bitcoin mining to fortify the electric grid

posted 8 months ago
The mining industry’s advocates have been making that pitch to the governor for years. The idea is that the miners’ computer arrays would demand so much electricity that someone would come along to build more power plants, something Texas badly needs. If the grid starts to go wobbly, miners could quickly shut down to conserve energy for homes and businesses.
In all, there are seven big miners and more than 20 smaller ones in Texas, according to the lobbying group Texas Blockchain Council.
Tags: blockchain, news, bitcoin