CoinTelegraph

Texas Bitcoin miners spared from grid moratorium, says Bernstein

August 4, 2026•09:37 AM

Texas Governor Greg Abbott's moratorium on ERCOT-linked data center approvals pending an audit will not significantly impact Bitcoin miners in the state, according to Bernstein analysts. Most Bitcoin mining operations in Texas already have approved electricity contracts, shielding them from the new restrictions imposed by the state's leadership.

The governor's directive comes amid increasing public backlash against the rapid expansion of data centers across Texas, with concerns about energy consumption and grid stability. Bernstein's analysis underscores the resilience of Texas's Bitcoin mining sector, maintaining its position as a global hub for cryptocurrency operations despite growing regulatory scrutiny.

Abbott on Monday directed the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) to audit all data centers seeking to connect to the state's power grid. The duration of the audit was not specified and comes amid increasing public backlash to the pace of data center build-out across the state, The Texas Tribune reported.

Bernstein analysts told clients on Tuesday that as most of the Bitcoin (BTC) miners operating in Texas are under contract for approved electric capacity, those operations are unlikely to be impacted by the moratorium. The Bitcoin mining sector in Texas continues to demonstrate resilience amid regulatory concerns, maintaining its appeal to global investors and operators.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinTelegraph

⚡

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi

jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

Portal do Bitcoin

Crypto Associations Urge Central Bank to Delay New Market Rules by 120 Days

Three major Brazilian crypto industry associations - ABToken, Zetta, and ABFintechs - have formally requested the Central Bank to delay by 120 days the deadline for implementing new crypto market rules. The entities are warning of a critical bottleneck in audits and the imminent flood of BC regulations planned for 2026, which could make operations unviable for many sector companies. The request comes at a crucial moment for the Brazilian crypto ecosystem, which seeks clear regulation but faces significant operational challenges. The associations argue that the current deadline is insufficient for compliance with new requirements, especially considering the complexity of audits and the multiplicity of regulations that will take effect next year. The BC's decision will be fundamental to the future of the crypto market in the country, directly impacting thousands of companies and investors.

10:21 AMRead Brief →

Crypto Briefing

Bernstein: Texas Electric Grid Moratorium Won't Impact Bitcoin Miners

Bernstein analysis reveals that the Texas electric grid moratorium won't impact established Bitcoin miners, actually strengthening their market position by limiting new entrants and increasing their asset values. This regulatory decision creates a competitive advantage for already-installed miners in Texas, potentially attracting more investment to the cryptocurrency sector. The moratorium could accelerate market consolidation, with large operators benefiting from economies of scale and privileged access to the state's energy infrastructure.

09:51 AMRead Brief →

CryptoPotato

3 Signs Bitcoin (BTC) Could Crash to $30K This Month

Technical analysis reveals three concerning signs indicating Bitcoin (BTC) may be poised for another price pullback, potentially crashing to $30K this month. Momentum indicators and market structure are aligning with bearish scenarios that have investors on edge.

This potential correction comes at a time of uncertainty for the crypto market as investors closely monitor movements of major players and regulatory decisions. A drop to the $30K range would represent a buying opportunity for some but a significant loss for others, highlighting the importance of risk management in cryptocurrency trading.

09:00 AMRead Brief →

CryptoPotato

Cardano (ADA) Quietly Pulling Off a Bear Market Comeback And Retail Hasn't Noticed

Cardano (ADA) is displaying remarkable strength across multiple metrics, with a 26% weekly gain, significant whale accumulation, rising Total Value Locked (TVL), and robust development activity. This quiet bear market comeback is flying under the radar of most retail investors, creating a potential opportunity for those who can spot emerging trends before they hit mainstream headlines.

Cardano's resurgence comes amid a broader crypto market uncertainty where projects with solid fundamentals and continuous development activity are outperforming. The increasing TVL indicates growing confidence in the platform, while whale accumulation suggests large players are accumulating ADA at attractive price points. For long-term investors, this quiet comeback could represent a strategic entry point before the crypto market regains momentum and media attention shifts to Cardano's impressive fundamentals.

03:49 AMRead Brief →

Crypto Briefing★ Featured

Nvidia's AI Empire: How US Tech Supremacy Shapes Global Compute Future

Nvidia's iron grip on AI infrastructure solidifies American technological hegemony, dictating global AI investment flows and crypto market trajectories. Controlling over 80% of the high-performance GPU market, the Silicon Valley giant effectively sets the pace for artificial intelligence development worldwide, positioning the US as the undisputed leader in computational power.

This concentration of computational resources in American hands is reshaping the geopolitical technology landscape, creating both opportunities and challenges for nations seeking technological sovereignty. For the crypto market, Nvidia's influence translates directly into capital allocation for AI projects and mining operations, with tangible effects on the valuation of assets tied to advanced computing ecosystems.

01:55 AMRead Brief →

CoinDesk★ Featured

Dormant Bitcoin Wallet from 2013 Suddenly Moves $31 Million

A 12-year-old dormant Bitcoin wallet suddenly activated and transferred $31 million in a single transaction, signaling significant activity in the cryptocurrency market. This is not an isolated incident but part of a broader trend of dormant coins moving recently, potentially linked to the recent Coldcard hack that impacted secure Bitcoin storage solutions.

The reactivation of such an old wallet raises questions about digital asset security and Bitcoin market volatility. Investors and analysts are closely watching to determine if these movements indicate mass selling or simply portfolio reorganization. The event occurs at a critical time for the crypto ecosystem as the community deals with the aftermath of the Coldcard private key leak, affecting one of the most secure hardware wallets for Bitcoin storage.

01:48 AMRead Brief →