PANews reported on November 25 that according to Cointelegraph, the Texas utility regulator in the United States has passed a regulation requiring Bitcoin miners using the power grid maintained by the Texas Energy Reliability Council (ERCOT) to register and share key details of their facilities.
Under a recently passed Texas Public Utility Commission (PUCT) rule, bitcoin miners must share the location, ownership information, and power needs of their facilities with the state agency. Miners have only one business day to register from the date their facility is connected to the ERCOT grid, and must renew on or before March 1 of each year.
ERCOT is an independent system operator that accounts for 90% of the state's electricity load. According to PUCT Chairman Thomas Gleeson, the new rules are intended to help manage the grid as more mining facilities come online. "To ensure that the ERCOT grid is reliable and meets the electricity needs of all Texans, the PUCT and ERCOT need to understand the location and power needs of virtual currency miners," Gleeson said.
