News & Analysis as of

Bitcoin Energy Sector

Baker Botts L.L.P.

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

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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

Winstead PC

Texas PUC Finalizes Registration Rule for Large Miners of Bitcoin and Other Virtual Currencies

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The Public Utility Commission of Texas (PUC) has adopted 16 TAC § 25.114 (available here), requiring certain virtual currency mining facilities (VCMFs) to register as “large flexible loads” if they receive more than 75 MW of...more

Flaster Greenberg PC

Russian Electricity Shortages Limit AI Ambitions

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Paradoxically, the world of the mid 2020s is a world in which countries otherwise rich in energy supply nonetheless have been having trouble keeping the lights on, both undermining their political, societal, and economic...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - November 2023

Welcome to the November edition of Akin Intelligence. Looking back, October 2023 may be remembered as the month when the U.S. government tried to assume the mantle of global leadership on responsible artificial intelligence...more

Opportune LLP

Bitcoin Mining & ESG: Why Digital Transformation Can Enhance Visibility, Transparency

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The past few months have seen headlines that reinforce the creativity and innovation within the energy industry—all in the name of Environmental, Social, and Governance (ESG)....more

Opportune LLP

Cryptocurrency In Texas: Why Bitcoin Mining Is Taking Off In The Lone Star State

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By nature, Bitcoin mining is energy-intensive and relies on cheap energy to turn a profit. Bitcoin miners have started to flock to Texas because of the current “goldilocks” situation for cryptocurrency mining for three main...more

Opportune LLP

Cryptocurrency & Energy: A Symbiotic ESG Relationship

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Cryptocurrency and energy. On the surface, these two industries might read like a story of strange bedfellows, but in reality, they’ve forged a symbiotic relationship that appears to be flourishing over time. Why?...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Volume 5, Issue 6

The Possible Xinjiang Coal Link in Tesla’s Bitcoin Binge - "The main draw is the cheap power needed to run the computers that perform the complicated equations for so-called 'Proof of Work' that confirm transactions...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 32, August 2020

Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - July 2018 #4

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The Federal Energy Regulatory Commission (FERC) announced on July 19, 2018, that it is directing the North American Electric Reliability Corporation (NERC) “to develop and submit modifications to the NERC Reliability...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2018 #2

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CYBERSECURITY - Financial Conduct Authority Warns Banking Industry of ICOs and Cryptocurrency - Writing a “Dear CEO” letter to banking executives, the Financial Conduct Authority (FCA) warned executives on June 11,...more

K&L Gates LLP

Blockchain Energizer – Volume 27

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There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - December 2017 #2

Virginia Agency Takes Unexpected Step that Could Delay Gas Pipeline Project - "The State Water Control Board approved permits for the $5 billion Atlantic Coast Pipeline, which is backed by Dominion Energy, but took the...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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The UK and EU made a significant breakthrough early this morning to “unlock” Brexit divorce negotiations. The still-rough agreement would see Britain repaying $53 billion and addressed in at least vague terms thorny issues...more

Latham & Watkins LLP

Blockchain – A New Era for the Energy Market?

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Blockchain is more widely recognised as the underlying software technology used for the cryptocurrency Bitcoin. This technology is also being increasingly applied to alternative opportunities, including in the energy sector. ...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A collection of corporate heavy hitters are betting big on the blockchain technology behind bitcoin rival Ethereum to build a computing system to track data and financial contracts. The project is seen by some as a way to...more

Troutman Pepper Locke

On the Grid: Blockchain May Create New Possibilities for Grid Enhancements and Energy IoT Applications

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Just as blockchain technology has allowed for the tracking and authentication of Bitcoin and other cryptocurrency transactions, it could similarly mediate transactions in energy units. Blockchain technology — once...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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The IRS isn’t waiting around for virtual currency to gain wider acceptance. No, it’s more than happy to go after Bitcoin users who have sought to use the virtual currency as a means of evading taxes....more

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