2 / 4 Relevant items tagged with #Texas
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Arkbit crypto mining MLM fraud busted by Texas regulators
[May 29 4:19 AM] Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.
Consensys files lawsuit against SEC and commissioners over Ether
[Apr 25 12:31 PM] The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.
Genesis Digital Assets Leverages Renewables to Increase Bitcoin Mining Capacity at New Texas Facility
[Apr 3 7:00 AM] Today, one of the largest bitcoin mining companies in the world in terms of hash rate, Genesis Digital Assets (GDA), announced that it will gain access to 36 MW of power from the Tarbush data center in West Texas, adding 1 EH/s to its total hash…
Coinbase Reveals Texas Voters Believe Crypto Is a Relevant Topic for the Next Elections
[Feb 25 9:30 PM] Coinbase, a major U.S.-based crypto exchange, has found that Texas voters are interested in the crypto subject and presidential candidates’ postures on the issue. 21% of all Texan adults (4.7 million people) own crypto, with 74% of these…
Lejilex and Crypto Freedom Alliance of Texas Sue SEC for Unlawfully Targeting the Digital Asset Industry
[Feb 24 6:30 AM] Lejilex and the Crypto Freedom Alliance of Texas, a crypto nonprofit, have teamed up to introduce a complaint against the actions of the SEC towards actors in the digital asset industry in America. The complaint alleges that the SEC has no…
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
[Feb 18 12:30 AM] In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year…
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
[Feb 8 12:24 PM] The Department of Energy's statistics wing is feigning an "emergency" to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.
Abra to Open Withdrawals After Settling with Texas Regulators
[Jan 22 9:33 PM] Tk
Subzero Temperatures in Texas Impact Bitcoin Hashrate Amidst Energy Strains
[Jan 18 10:30 AM] As Texas grapples with unexpected subzero temperatures, the state’s bitcoin mining operations have shut down due to high energy demand. This has freed up much needed electricity capacity in the state, while also leading to a sharp drop in the…
Texas Bitcoin Mining Operation Shutdown By Host’s Armed Security
[Dec 6, 2023 8:00 AM] Last Monday, November 27, Whinstone Inc.’s private security entered the Rockdale, TX-based premises of Rhodium Enterprises in order to remove employees to cease operation of their 125MW Bitcoin mining facility. The legal battle that culminated in…
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
[Dec 4, 2023 5:30 PM] The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit…
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
[Nov 27, 2023 11:23 PM] A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Political donations aplenty: Event recap for North American Blockchain Summit
[Nov 20, 2023 12:30 PM] Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.
Failed '$175M' real estate token raise draws ire of Texas regulators
[Nov 16, 2023 2:30 PM] "GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions," regulators say.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
[Sep 27, 2023 12:00 PM] According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
Bitcoin miners seek alternative energy sources to cut costs
[Sep 18, 2023 7:01 AM] The next generation of crypto mining will focus on alternative energy sources for efficiency.
Celsius and Core Scientific propose $14M settlement for litigation
[Sep 15, 2023 10:06 AM] Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Crypto companies form Texas blockchain group to advocate for clear regulations
[Sep 11, 2023 4:09 PM] a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations.
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
[Sep 10, 2023 2:00 PM] Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
Bitcoin Mining Has a Superpower
[Jul 25, 2023 2:17 PM] It's the blockchain's electricity consumption patterns, Texas Blockchain Council President Lee Bratcher writes.
Texas Blockchain Council director announces run for state house
[Jul 13, 2023 3:55 PM] The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed's exploration of a central bank digital currency and planned to push for “digital freedom”.
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
[Jun 3, 2023 3:30 AM] On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining…
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site
[Jun 2, 2023 6:04 AM] Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
[Jun 1, 2023 11:50 AM] Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.
Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends
[May 30, 2023 2:56 PM] Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed…
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
[May 30, 2023 1:09 PM] The legislation would have capped the industry's participation in demand response programs.
What the ‘anti-mining bill’ means for the crypto industry in Texas
[May 30, 2023 8:31 AM] The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
Texas legislative session winds down with crypto bills still in limbo
[May 29, 2023 12:00 PM] State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott's approval or veto as of May 29.