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Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
22.11.2024
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
21.10.2024
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025
ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
13.6.2024
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
18.2.2024
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 agreement for powering their mining activities....
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
27.9.2023
According to Foundry's data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States
Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report
27.9.2023
The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023.
According to data from Foundry, the largest mining pool in North America and the fifth-largest globally, Texas has positioned itself as the “crypto capital” in...
Texas Bitcoin Miners Scale Back Operations Amidst Heat Wave
28.6.2023
Bitcoin (BTC) miners in Texas have halted operations after a heat wave and subsequent surge in elcetricity price put the state's power grid under pressure.
Crypto miners in the region as well as grid manager the Electric Reliability Council of Texas, or Ercot, have confirmed the pause in mining...
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
3.6.2023
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 and Cathedra Bitcoin Announce Texas Bitcoin Mining...
‘Proof of Reserve’ bill passes in Texas House of Representatives
21.4.2023
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital
Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
4.4.2023
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb
Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
23.3.2023
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin...
Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios
11.1.2023
Argo Blockchain mined less Bitcoin than expected in December due to the firm curtailing mining operations at Helios amid extreme weather conditions
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
6.12.2022
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
21.9.2022
This is the second lawsuit related to the Texas mega mine that Riot acquired last year
The End of the Texas Bitcoin Mining Gold Rush
29.8.2022
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid
Texas Bitcoin Mine Whinstone Countersues Japan's GMO Internet, Seeks $15M Damages in Four-Year Dispute
25.8.2022
The companies' dispute dates back to 2018, but the lawsuit appears to have been triggered by more recent increases in electricity prices
Crypto mining can benefit Texas energy industry: Comptroller's office
24.8.2022
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
5.8.2022
“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
26.7.2022
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required