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Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...
Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid
25.12.2022
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 network but rebounded from the 170 EH/s low to...
BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan
23.12.2022
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
21.12.2022
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 creditors and its estimated assets are worth between...
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
21.12.2022
Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices
Florida best-prepared US state for widespread crypto adoption: Research
10.12.2022
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
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
Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded
6.12.2022
The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2
Bullish on Bitcoin, US Senator Ted Cruz wants Texas to be a crypto oasis
4.12.2022
Texas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid
3.12.2022
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 beneficial to the Texas grid during the upcoming...
Texas Democrat Beto O’Rourke Returned $1,000,000 Donation From FTX Founder Before Collapse – Here’s Why
30.11.2022
American politician Beto O’Rourke reportedly returned a $1 million donation from the now-infamous founder of the failed FTX exchange Sam Bankman-Fried on November 4, four days before the US elections and a week before the exchange collapsed.
The Texas Tribune reported on "the reimbursement of...
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
30.11.2022
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US
Sam Bankman-Fried Called to FTX Hearing by Texas Securities Regulator
29.11.2022
The Texas State Securities Board has been investigating FTX US since October
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
28.11.2022
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
Bitcoin miners look to software to help balance the Texas grid
24.11.2022
Bitcoin mining can help balance electrical grids, but software can help ensure that miners are able to power on and off in seconds
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
22.11.2022
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse
High sentiment in FTX's shadow: event recap for Texas Blockchain Summit
21.11.2022
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
FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang
18.11.2022
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
18.11.2022
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses
Texas Blockchain Council announces return of Texas Blockchain Summit to Austin
9.11.2022
The Texas Blockchain Council announced they would host the second Texas Blockchain Summit on Nov. 17-18 at the AT&T Hotel and Conference Center in Austin, Texas. Last year’s event caught industry experts, regulatory experts, and policymakers by surprise as close to a thousand attendees came...