The 88th legislative session in Texas has been beneficial for Bitcoin miners, with the passage of several bills that will likely keep the state attractive for miners. One bill, SB 1751, which sought to curb energy credits for miners, did not make it to the Governor's desk. Another bill, SB 1929, which passed, requires large Bitcoin mines to register with the Electric Reliability Council of Texas (ERCOT) and is seen as a necessary step toward enhancing transparency.

Two House Bills, HB 591 and HB 1666, are also expected to be signed by the Governor and establish a tax incentive for using flared gas for on-site Bitcoin mining and a proof-of-reserves regime for crypto exchanges, respectively. Critics are less enthusiastic about the recent legislative moves, arguing that the industry is not bringing clear or tangible value to the state.