The Chamber of Digital Commerce, Texas Blockchain Council, and Satoshi Action Fund, have written a letter urging Lieutenant Governor Dan Patrick to oppose SB. 1751.  This anti-free market and anti-bitcoin mining bill threatens Texas’ leadership role in the digital economy and could have unintended consequences on the state’s energy grid. 

The letter highlights that Bitcoin mining data centers are abundant in Texas and provide unique demand response capabilities, working in partnership with ERCOT to secure and stabilize the power grid. If passed, SB. 1751 would restrict Bitcoin mining data centers’ ability to participate in ERCOT’s grid balancing services, negatively impacting grid stability and leading to higher expenses and energy prices for Texans. The letter urges Texas to remain a beacon of free and open markets by opposing the bill.