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

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© 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 has a Bitcoin mining sector that currently consumes approximately 500 to 1000 MW. According to the Electric Reliability Council of Texas, demand for electricity could grow fivefold in Texas by 2023. ERCOT has also planned to add 3,000 to 55,000 MW. Reports.