A bill in Texas that aimed to limit bitcoin miners' involvement in cost-saving grid programs has been stopped in its tracks after failing to pass a committee in the state House of Representatives. The bill, which had previously passed unanimously through the state Senate, would have restricted bitcoin miners' participation in demand response programs to 10% and removed tax abatements for the industry. Dennis Porter, a lobbyist involved in the bill's process, tweeted that the news was a win for the bitcoin community and energy innovation in the US, and highlighted the campaign against the bill by industry groups. Texas is a major hub for bitcoin mining due to favorable regulation and cheap energy.
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