Your Resource for Government on Crypto

Over the last few weeks, two bills related to bitcoin mining have passed the Texas legislature and are awaiting the signature of Gov . Greg Abbott (R). SB 1929 would require miners whose energy capacity is larger than 75 megawatts to register with the Public Utilities Commission of Texas as large loads operators and share their data with the Electricity Reliability Council of Texas. HB 591 would introduce tax exemptions for companies that put to use wasted gas including data centers. A third bill, which has been called an “anti-mining bill” failed to make it out of committee.