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Bitcoin Miners Bask in Bill Defeat

June 05, 2023

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In Texas, large Bitcoin miners are basking in the defeat of a so-called “anti-mining” bill, which threatened participation in the state’s demand response program through ERCOT. Depending on the contract, the program provides credits for future power bills in exchange for miners curtailing energy during peak times.

Texas Senate Bill (SB) 1751 passed the Senate, but never made it to a vote in the House.

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