US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects…

Bitcoin.com | Oct 13, 2022 at 7:30 PM
  • A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state.
  • With the 1,045 megawatts (MW) data point, ostensibly the amount used by the seven firms, the lawmakers claim that “all of this energy use is resulting in substantial amounts of carbon emissions and other adverse air quality impacts”.
  • The bureaucrats believe that the miners flocking to ERCOT’s electrical resources will put extreme pressure on the Texas power grid and exacerbate the so-called climate crisis.