Stock Groups

Texan Bitcoin mining power demands could jump 5 times by 2023 -Breaking

[ad_1]

© Reuters.

As the state of Texas faces a rapid influx of mining operations, its electrical infrastructure will have to support the industry’s expected 5,000 megawatts (MW) of additional power demands by 2023.

Texas’s Bitcoin mining industry currently uses 500-1000 MW of electricity. Electric Reliability Council of Texas has plans to add 3,000 to 5, 000 MW. AccordingTo read more.