Texas Voted to Pause New Data Centers. Which Bitcoin Miners Are Already Past the Freeze?

Texas voters elected Gina Hinojosa governor after she pledged to pause new data center approvals, a shift that threatens the power-access model underpinning bitcoin miners that have repositioned as AI landlords. Miners have been valued on the megawatts they control and how much of that capacity sits in Texas, where grid access has been easiest to secure. The result puts a premium on operators with already-approved or energized sites that sit past the freeze, while those with pending Texas interconnects face new permitting risk. Investors will now watch which miners disclose firm approval status and energized capacity in Texas, and whether the pause slows the AI-hosting contracts that have driven recent re-ratings.