US Senate bill would make 20MW+ mining and data sites pay their own grid costs
- —Bill covers sites with 20MW+ load, including mining, AI and cloud computing
- —Loads across multiple sites under one owner would be combined
- —Utilities would have to secure financial guarantees before building grid capacity
- —A procedural vote on H.R.2347 is scheduled for Nov. 9
Why it matters: If passed, miners and data centers would have to cover their own grid connection costs, potentially raising expenses and slowing US expansion.
Source: TokenPost