Media: Massive movement of mines to Texas has raised concerns about advanced equipment.

According to foreign media reports on the 16th, the "Blockchain Daily" reported that approximately 12,000 MW of electricity, which could provide electricity to 2.5 million homes in Texas, has been cut. Angela Walch, a research assistant at the Blockchain Technology Center at University College London, and others have raised concerns about the percentage of electricity used to mine bitcoin in Texas. Nic Carter, co-founder of Castle Island Ventures, said: “Half of the world's energy giants are finally leaving China and want a 'new home'. Northern Europe. However, it is not clear whether the Texas grid can solve the problem with the power supply of many crypto miners. The Electricity Regulatory Commission (ERCOT) recently called on Texas residents to regulate their electricity use.