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Bitcoin Mining Electricity Cryptocurrency

Baker Botts L.L.P.

FERC Approves First Enforcement Settlement Involving Power Plant Operations by Bitcoin Mining Company.

Baker Botts L.L.P. on

Bitcoin mining company pays $1.42 million for violating PJM’s tariff in relation to its power plant operations. On January 30, 2025, the Federal Energy Regulatory Commission (“FERC”) approved a settlement agreement...more

Goldberg Segalla

Cryptomining Faces More Legislative Hurdles in US

Goldberg Segalla on

As cryptocurrency has increased its notoriety in the US, so has its demands on the US electrical grid. Indeed, the US is witnessing a constantly proliferating number of cryptomining facilities, which are large spaces – often...more

BakerHostetler

Weekly Blockchain Blog - March 2024

BakerHostetler on

Crypto Exchanges Launch Institutional Platform, LATAM Stablecoin - A major U.S. cryptocurrency exchange recently announced the launch of an institutional platform “aimed at institutions, asset managers, hedge funds and...more

Husch Blackwell LLP

Integrating Bitcoin Miners into ERCOT: Critical Issues Come into Focus for Large Flexible Load Task Force

Husch Blackwell LLP on

On July 25, 2022, the Electric Reliability Council of Texas’s (ERCOT) Large Flexible Load Task Force (LFLTF) held its monthly meeting, and building on its progress to date, it delved deeper into addressing the core issues...more

Sheppard Mullin Richter & Hampton LLP

Cryptocurrency Miners I“rate” At Energy Rate Decision

A Washington state federal court recently addressed claims relating to rates that cryptocurrency mining companies pay for electricity in Grant County, Washington. The court rejected all of the miner’s legal claims. The...more

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