The Texas Senate has given unanimous backing to the Bitcoin mining bill, SB-1751, which is set to make it through the State House of Representatives before being enacted.

The bill would reduce the power allocated to cryptocurrency mining in times of high demand to ensure residential customers receive priority. Previously, Bitcoin miners have been eligible to receive credits that they can use on their power bills in exchange for cutting power usage.

Marathon Digital CEO Fred Thiel, which hosts most of its rigs in several Texas facilities, says the bill won't change his company's decision to pursue renewable power options in the state, though the company is also planning to build two $400m mining operations in the UAE with joint venture partner FS Innovation, in which Marathon has a 20% stake.