Texas is offering an interim, voluntary power curtailment program for “Large Flexible Loads ,” which will incentivize bitcoin miners to lower their power consumption during a period of high electricity demand.
The move will help the state’s grid operator, Electric Reliability Council of Texas , ease worries that the mining will put extra stress during periods of high system demand.
The temporary program is expected to go live around Jan. 1, 2023, but it might be terminated any time as ERCOT plans to develop a permanent reliability framework for LFLs in the future.
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