SB 1929 (88R) — registration of virtual currency mining large flexible loads in ERCOT, enrolled

Bitcoin Research — Law, Regulation, Markets & Origins (2026)

States

Tx

2023

Download PDF 📷 View Wayback snapshot (2023) ↗ Live URL (may be dead)

Document text

Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.

S.B.ANo.A1929

1                                      AN ACT

2    relating to the registration of virtual currency mining facilities

3    in the ERCOT power region that demand a large load of interruptible

4    power.

5             BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

6             SECTIONA1.AASubchapter   H,       Chapter   39,   Utilities   Code,    is

7    amended by adding Section 39.360 to read as follows:

8             Sec.A39.360.AALARGE FLEXIBLE LOAD REGISTRATION.             (a)   In this

9    section:

10                 (1)AA"Virtual   currency"       has    the   meaning   assigned   by

11   Section 12.001, Business & Commerce Code.

12                 (2)AA"Virtual   currency        mining       facility"    means   a

13   facility that uses electronic equipment to add virtual currency

14   transactions to a distributed ledger.

15            (b)AAThe commission by rule shall require a person operating

16   a virtual currency mining facility who enters into an agreement for

17   retail electric service in the ERCOT power region to register the

18   facility receiving service as a large flexible load under this

19   section if:

20                 (1)AAthe facility requires a total load of more than 75

21   megawatts; and

22                 (2)AAthe facility load is interruptible.

23            (c)AAThe rules must require a person described by Subsection

24   (b) to:

                                            1
                                                                           S.B.ANo.A1929

1                 (1)AAregister        the     large   flexible       load       with   the

2    commission   not   later   than   one     business      day   after   the   date   the

3    agreement begins; and

4                 (2)AAprovide the commission with:

5                        (A)AAthe location of the facility; and

6                        (B)AAthe anticipated demand from the facility for

7    the five-year period beginning on the date of the registration.

8          (d)AAThe commission by rule shall:

9                 (1)AAadopt criteria for determining whether a load is

10   interruptible for the purposes of this section based on whether it

11   is possible for the facility operator to choose to interrupt the

12   load; and

13                (2)AAestablish a method to ensure compliance with this

14   section.

15         (e)AAThe      commission      may       share      with    an     independent

16   organization       certified      under       Section     39.151      registration

17   information received under this section.

18         SECTIONA2.AAThis Act takes effect September 1, 2023.

                                               2
                                                       S.B.ANo.A1929

______________________________AAAA______________________________
     President of the SenateAAAAAAAAAAAAASpeaker of the House

      I hereby certify that S.B.ANo.A1929 passed the Senate on

AprilA12,A2023, by the following vote:      YeasA31, NaysA0; and that

the Senate concurred in House amendments on MayA27,A2023, by the

following vote: YeasA30, NaysA1.

                                       ______________________________
                                       AAAASecretary of the Senate

      I hereby certify that S.B.ANo.A1929 passed the House, with

amendments, on MayA22,A2023, by the following vote:        YeasA140,

NaysA5, oneApresentAnotAvoting.

                                       ______________________________
                                       AAAAChief Clerk of the House

Approved:

______________________________
AAAAAAAAAAAAADate

______________________________
AAAAAAAAAAAGovernor

                                   3