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The Impact of Bitcoin Mining on Texas' Energy Grid
ERCOT has about two gigawatts of Bitcoin mining capacity online that has sprung up in the last year or two. ERCOT has its own large load interconnection queue, similar to on the renewable side of an interconnection queue except for these large loads. They're most likely duplicate projects and not all of them will come online. But we did here at B&F Create a project database based on company announcements and there could be five to six gigawatts in the next few years.