Texas electric grid moratorium won’t have big impact on BTC miners: Bernstein
CoinTelegraph·
60-second summary
Texas Governor Greg Abbott has set a moratorium on approval of ERCOT-linked data centers pending an audit, but this won't affect BTC miners' approved electricity contracts, according to Bernstein. Miners with existing contracts will continue to operate, but new ones may face delays. The moratorium's impact is limited, and the market remains unaffected.
Monday’s announcement that Texas Governor Greg Abbott set a moratorium on approval of ERCOT-linked data centers pending an audit won’t impact miners’ approved electricity contracts.