New Texas legislation requires cryptocurrency miners to register with the state, with penalties of up to $25,000 per day for those in violation.

The Public Utility Commission of Texas adopted the rule amid surging demand for power across the state and a growing crypto mining industry in Texas.

Cryptocurrency mining has been growing in Texas, evidenced by the stories of facilities popping up across the Lone Star State and at times causing disruptions for nearby residents. The claim is that these mining facilities use up a ton of power,

On November 21, Texas’ Public Utilities Commission (PUCT) passed a new rule requiring Bitcoin miners operating on the state’s ERCOT-managed power grid to register with the state and provide essential details about their facilities.