ERCOT discloses over 5 GW of conditional capacity for AI projects amid miner shift
- —Total disclosed capacity is 13.275 GW, of which 6.875 GW is classified as baseload
- —Galaxy Digital received 4.23 GW, Cipher Digital 3.2 GW, Core Scientific 1.33-1.4 GW
- —ERCOT's interconnection queue exceeds 438-474 GW against Texas peak demand of about 91 GW
- —About 90% of interconnection requests come from data centers
Why it matters: Growing power capacity for AI intensifies miners' competition for electricity and reshapes the economics of bitcoin mining in Texas.
Source: Crypto Briefing