After much blustering, Texas power grid fails crypto industry and residents…

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tldr; Crypto mining is set to increase demand on the Texas grid by 27 gigawatts by 2026, according to a spokesperson for the Electric Reliability Council of Texas (ERCOT). This represents nearly a third of the grid’s current maximum capacity. “We barely have the power plants to cover today,” an ERCOT spokesperson said.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*



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