The Latest Breaking News from Texas Blockchain Council

Crypto currency miners are accelerating their push to expand in Texas far beyond what authorities had initially expected, threatening to send the state’s electricity use skyrocketing.

Cryptocurrency mining requires huge amounts of electricity, prompting concerns over the industry’s environmental impact — and whether the state’s grid can keep up.

Jackie Sawicky, 42, was scrolling Facebook in late April when she saw a video about a surprise economic development announcement by the city of Corsicana, Texas. Intrigued, she clicked to watch.

Mance Harmon graduated from college in 1993 when the World Wide Web was just getting ripples, so he remembers the frustrations of trying to explain it to his parents. It didn’t make sense to them until they got an email account, but now, everyone intuitively understands the Internet, he said.