Tag Archives: cryptomining

We may learn more about how much power cryptominers are using

Posted on December 3, 2024 by Charles Kuffner

Good. Texas’ utility regulator on Thursday adopted a rule requiring cryptocurrency mining facilities connected to the state’s main electric grid to register with the state’s grid operator. The rule, which was mandated by lawmakers in a 2023 bill, requires crypto … Continue reading →

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On cryptomining and power plants

Posted on November 4, 2024 by Charles Kuffner

I say again, there’s a political opportunity here, and it involves being on the right side of an issue. About 150 angry residents gathered in a conference center here on Monday for a public meeting hosted by the state environmental … Continue reading →

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More on the cryptomining noise problem

Posted on August 18, 2024 by Charles Kuffner

It does sound like hell. Over the course of several months in 2024, TIME spoke to more than 40 people in the Granbury area who reported a medical ailment that they believe is connected to the arrival of the Bitcoin … Continue reading →

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Now we’re concerned about crypto mining?

Posted on July 16, 2024 by Charles Kuffner

So, are we like gonna roll up the red carpet we laid out for these guys a couple of years ago? Texas is now home to 10 of 34 large Bitcoin mines. During cold spells or heat waves, Texans are … Continue reading →

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ERCOT and the AI demand boom

Posted on May 10, 2024 by Charles Kuffner

Once again we ask, can our grid keep up? The rapid expansion of data centers, fueled by the rise of artificial intelligence platforms and the increasing digitization of the economy, is driving a surge in electricity demand in Texas and … Continue reading →

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Crypto miners really don’t want to tell us how much energy they consume

Posted on March 3, 2024 by Charles Kuffner

And for now at least, they don’t have to. U.S. officials this week indefinitely withdrew a survey aimed at gathering information on the crypto-mining industry’s power use, hindering attempts to understand the sector’s impact on grids and energy prices at … Continue reading →

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Some rocky times for Texas’ cryptocurrency miners

Posted on February 21, 2023 by Charles Kuffner

Their boundless optimism never wavers, however. Cryptocurrency miners began flocking to Texas in the past five years, drawn by the state’s low energy costs and relaxed regulations. As they began setting up shop, lawmakers and local officials were touting the boom as an economic lifeline … Continue reading →

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In which I ponder the future of cryptomining

Posted on December 10, 2022 by Charles Kuffner

I know I’m stepping away from things I have knowledge and experience with when I comment on stories like this, but sometimes I just can’t help myself. Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they … Continue reading →

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The cryptomining surge in rural counties

Posted on November 22, 2022 by Charles Kuffner

Here’s one possible answer to that question I posed the other day. Jacob Rodriguez was driving a John Deere tractor in a West Texas cotton field when he received a phone call that would change his life. “I was pulling … Continue reading →

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