ChainCatcher news, according to Cointelegraph, as various industries connect large data centers and facilities to the power grid, the demand for electricity in North America driven by cryptocurrency mining and artificial intelligence operations has reached new highs. The electricity consumption of crypto mining can vary and typically changes with market prices, further complicating grid management and leading to sudden fluctuations in energy load demand during normal operations.

NERC's latest long-term reliability assessment shows significant growth in regions such as Texas, with peak demand expected to grow at an annual rate of 4.6% by the summer of 2029, four times the previous forecast.