ERCOT Interim CEO: Bitcoin Mining and Texas can complete the relationship.

12月
06
2021-12-6 22:21
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On December 6, Brad Jones, Acting CEO of the Texas Electrical Reliability Commission (ERCOT) announced his support for Bitcoin. "I am a Bitcoin fan ... but I risk becoming a Bitcoin trader." ERCOT reported energy in about 90% of the states. Brad Jones points out that Bitcoin mining in the state can benefit both the Texas and Bitcoin networks. Bitcoin mining and Texas can build a strong relationship. This is because Bitcoin miners need more power and the country can provide power at a very competitive price. As large-scale renewable energy projects are planned to be integrated into the grid, power generation is also expected to increase further. It has been pointed out that Bitcoin miners can consume too much power when demand is low. Texas Senator Ted Cruz agrees. (Zycrypto)

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2021-12-6 21:58

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