Texas regulators approve framework for managing data centers' power demands

New Texas power grid allocation framework could lift bitcoin miners turned data center operators

Texas approved ERCOT's "Batch Zero" grid allocation framework, accelerating power infrastructure deployment for bitcoin miners pivoting to AI data centers; Cipher Digital stock hit an all-time high. Grid capacity is now the primary AI infrastructure bottleneck—regulatory acceleration and existing power-ready facilities give miners structural advantage in competing for hyperscaler contracts.