Crypto Clash In Texas: Will Senate Bill Crush The State's Bitcoin Gold Rush?

A new bill in Texas is expected to make the state less appealing for Bitcoin (CRYPTO: BTC) miners. Republican Senators Lois Kolkhorst, Donna Campbell, and Robert Nichols propose eliminating tax breaks and requiring miners using over 10 megawatts (MWs) to register as flexible load operators with the state grid operator ERCOT.