What is Nostr?
/ afterthought
npub19nd…2dgj
2024-11-25 18:31:28
in reply to nevent1q…mxqs

afterthought on Nostr: 75 megawatts and above only! Important to note that this only applies facilities with ...

75 megawatts and above only! Important to note that this only applies facilities with an electrical load of 75 MW (page 5 of the below linked rule). Incorrect to say this rule applies “all Bitcoin miners operating on ERCOT”, as stated in the post above, and article. federicorivi (npub1rd0…r3ys) please make a correction to not mislead your readers.

We can have a more informed discussion about the implications of the actual rule when we’re talking about the actual rule, not a gross misunderstanding of it. On initial reading (note the caveat) this looks to be aimed at grid stability rather than a ploy to vacuum the personal details of home miners, small, medium, and even somewhat large scale miners. 75MW is industrial. Let’s talk about the merits of that.

Sources
1. The actual rule from Public Utility Commission of Texas:
https://interchange.puc.texas.gov/Documents/56962_17_1444154.PDF

2. Press release from Public Utility Commission of Texas:
https://ftp.puc.texas.gov/public/puct-info/agency/resources/pubs/news/2024/PUCT_Approves_Rule_Requiring_Registration_of_Virtual_Currency_Mining_Facilities.pdf

3. More thorough reporting from Utility Dive:
https://www.utilitydive.com/news/texas-requires-bitcoin-miners-to-register-with-electric-grid-operator-ERCOT/733848/
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