Texas introduces Bill to protect rights of Bitcoin miners, holders and developers

Texas Representative Cody Harris has introduced a bill to protect the rights of bitcoin miners, holders and developers.

https://preview.redd.it/im951lg4w3pa1.png?555&format=png&auto=webp&s=d60129a63878f754ab49dd5dfc679b86d1caeaa7

you can read the entire bill at the link below

https://capitol.texas.gov/tlodocs/88R/billtext/html/HC00089I.htm

The bill was introduced by District 8 representative Cody Harris.

https://fastdemocracy.com/search-results/?billsearch-state=TX&billsearch-session=&billsearch-sponsor=&billsearch-keyword=SENSIDg5&billsearch-statute=&billsearch-chapter=&fastdemocracy_billsearch_security=837f6ec3ac

Some additional info about Texas and bitcoin

Texas makes up about 4.2% of the total bitcoin hash rate.

https://preview.redd.it/jtei925314pa1.png?1109&format=png&auto=webp&s=71ef6f022fe122a5a159a761c33a82e76d17ff0d

soiurce - https://ccaf.io/cbeci/mining_map

https://preview.redd.it/705hv25314pa1.png?1164&format=png&auto=webp&s=b17dbac4886a31599c1c3b7f256c486572a4fa48

Bitcoin mining is a controversial issue in Texas due to our failing power grid and miners having to constantly shut down operations during extreme weather events. You can read the two articles linked below.

• https://www.theverge.com/2022/7/14/23206795/bitcoin-crypto-mining-electricity-texas-grid-energy-bills-emissions
• https://www.nbcdfw.com/news/local/construction-of-navarro-county-bitcoin-mining-site-met-by-protesters/3100126/