  In this paper we discuss the entropy of quantum black holes in the LQG
formalism when the number of punctures on the horizon is treated as a quantum
hair, that is we compute the black hole entropy in the grand canonical (area)
ensemble. The entropy is a function of both the average area and the average
number of punctures and bears little resemblance to the Bekenstein-Hawking
entropy. In the thermodynamic limit, both the "temperature" and the chemical
potential can be shown to be functions only of the average area per puncture.
At a fixed temperature, the average number of punctures becomes proportional to
the average area and we recover the Bekenstein-Hawking area-entropy law to
leading order provided that the Barbero-Immirzi parameter, $\gamma$, is
appropriately fixed. This also relates the chemical potential to $\gamma$. We
obtain a sub-leading correction, which differs in signature from that obtained
in the microcanonical and canonical ensembles in its sign but agrees with
earlier results in the grand canonical ensemble.
