In a letter Wednesday addressed to Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), the group expressed concerns that bitcoin mining’s enormous demand for energy in Texas is straining the state’s grid, adversely impacting consumers and U.S. climate goals. ERCOT manages the Texas electricity grid, which operates independently from the rest of the country.
Source: https://www.coindesk.com/policy/2022/10/12/senator-warren-leads-congressional-groups-probe-into-bitcoin-mining-energy-use-in-texas/?utm_medium=referral&utm_source=rss&utm_campaign=headlines