[Apr 4, 2023 1:30 PM] Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas' energy grid would not receive an abatement on state taxes.
[Apr 4, 2023 1:27 PM] Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
[Apr 2, 2023 7:00 AM] A historically-independent state, Texas’ ongoing embrace of Bitcoin makes it an innovative leader, with or without the rest of the U.S. This is an opinion editorial by James Collins, a financial professional with experience in various asset…
[Mar 29, 2023 12:51 PM] Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.The Senate Committee on Business and Commerce heard testimony in regards to a Texas bill that would prohibit flexible load agreements…
[Mar 22, 2023 2:35 PM] Ted Cruz has joined a myriad of politicians in demonstrating their contempt for CBDCs in America — but what about pro-Bitcoin legislation? Texas Governor Ted Cruz has joined a growing group of politicians who have come out in support of anti-CBDC…
[Mar 21, 2023 1:35 PM] The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.
[Mar 21, 2023 11:08 AM] A new bill introduced in the Texas House could set the state up to be the nucleus of Bitcoin development in the United States.A bill that would fully protect and “welcome the Bitcoin economy.” has been introduced to the Texas State House of…
[Mar 8, 2023 12:30 AM] Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes…
[Feb 26, 2023 1:11 PM] Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors.
[Feb 15, 2023 11:30 AM] On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal…
[Feb 15, 2023 6:15 AM] After debuting a Bitcoin Embassy in Switzerland’s city of Lugano, El Salvador continues expanding its BTC strategy with a new partnership with Texas.
[Feb 14, 2023 4:05 PM] A new link between the Central American nation and Texas has been borne out of Bitcoin.After opening its first Bitcoin Embassy in Lugano, Switzerland, El Salvador is opening a second one in Texas.According to a tweet from El Salvador’s Ambassador…
[Feb 13, 2023 5:30 PM] Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy…
[Feb 10, 2023 2:51 PM] BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy.Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, is moving 6,572 Bitcoin miners from a hosting facility in Texas to…
[Feb 6, 2023 3:15 PM] The 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.
[Jan 27, 2023 10:59 AM] The 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 work with payments providers that accept bitcoin.The…
[Jan 11, 2023 5:08 AM] Argo Blockchain mined less Bitcoin than expected in December due to the firm curtailing mining operations at Helios amid extreme weather conditions.
[Dec 29, 2022 12:30 PM] Bitcoin’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 temporarily went offline on Dec. 25, 2022. Furthermore…
[Dec 25, 2022 3:30 PM] Bitcoin’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 freeze. Statistics show that close to 100 exahash dropped off the…
[Dec 21, 2022 9:30 AM] On 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 the filing, Core Scientific has roughly 1,000 to 5,000…
[Dec 10, 2022 4:38 AM] While 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.
[Dec 3, 2022 2:30 PM] On 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 operations are flexible operations that can be…
[Nov 27, 2022 10:26 PM] Elon 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.
[Nov 21, 2022 4:15 PM] Though 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.
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