Texas has become the largest concentration of cryptocurrency mining activity in the United States, and the Electric Reliability Council of Texas is now managing the consequences of that in real time. In 2022, cryptomining accounted for 3% of local peak electricity demand on the ERCOT grid. By 2024, the EIA estimated that large flexible loads — a category that includes both mining operations and data centers — could represent 10% of total electricity consumption on the ERCOT grid in 2025, equivalent to approximately 54 billion kilowatt-hours.