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PortuguêsThe mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. Crypto mining firm Riot Platforms…
Continue ReadingThe Texas Senator has introduced a resolution requesting Capitol vendors to accept bitcoin. Sen. Ted Cruz (TX-R) has proposed a resolution that would request vendors within the Capitol area to…
Continue ReadingWhile the bankruptcy of Genesis Trading is sending renewed (but expectable) shockwaves through the crypto market, two American states have taken important steps to foster Bitcoin. After Texas published a…
Continue ReadingArgo Blockchain mined less Bitcoin than expected in December due to the firm curtailing mining operations at Helios amid extreme weather conditions. Publicly-listed Bitcoin (BTC) mining company Argo Blockchain saw…
Continue ReadingBitcoin miners appeared to be the model consumers for the ancillary services in the state. During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up…
Continue ReadingBitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas…
Continue ReadingBitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter…
Continue ReadingOn Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to…
Continue ReadingCore Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices. Just days after creditors offered to help Core Scientific — a Bitcoin…
Continue ReadingWhile US the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption. It’s not just pro-crypto…
Continue ReadingTexas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker. United States Senator Ted Cruz wants to make the American state of Texas an oasis for…
Continue ReadingOn Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining…
Continue ReadingElon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend. Tesla CEO…
Continue ReadingThough the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin. Apparently, not everything…
Continue Reading“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said. Calls for harsher regulations around cryptocurrencies and digital assets will likely grow…
Continue ReadingAnother bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on…
Continue ReadingYou know what incubators and accelerators mean: interest. They say that bear markets are for builders, and the bitcoin ecosystem seems to be getting ready to work. One of the…
Continue ReadingThe Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn…
Continue ReadingRegulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is…
Continue ReadingThe Texas state authorities, SSB and DOB, argued that Voyager fails to explain the methodology used to calculate the average coin prices, among others. The Texas State Securities Board (SSB)…
Continue ReadingA number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations…
Continue ReadingAccording to a letter penned by seven U.S. lawmakers, ERCOT was “intimately connected” with the growth of crypto mining in Texas. Massachusetts Senator Elizabeth Warren and a group of six…
Continue ReadingWhile bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner…
Continue ReadingBitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition…
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