Texas Governor Greg Abbott has imposed a moratorium on the approval of new data centers linked to ERCOT, the state’s electricity grid operator, pending the results of an upcoming audit, according to CoinTelegraph.
The pause will not affect existing electricity contracts already approved for Bitcoin miners, ensuring current operations can continue without disruption.
This move reflects growing scrutiny of energy consumption by crypto mining operations in Texas, a key market for digital asset miners. For Japanese investors, understanding regulatory shifts in major mining hubs like Texas is crucial as it could influence global energy and crypto markets.