Texas
Why Bitcoin Miners Have Flocked to Texas
Crypto miners have flocked to the state of Texas since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. "The Hash" panel discusses why Texas has emerged as a bitcoin mining hub as part of CoinDesk's special Mining Week presented by Foundry. Foundry and CoinDesk are both owned by DCG.
Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
In an emergency cease-and-desist order, the Texas State Securities Board alleged that Abra has been insolvent since at least March 31, 2023. "The Hash" panel discusses the state securities regulators' allegations on the crypto lender.
Marathon Digital CEO Addresses Newly-Passed Mining Bills in Texas
In the past few weeks, two crypto mining bills, SB 1929 and HB 591, are awaiting Texas Gov. Greg Abbott’s signature. The legislation shows support for miners. Marathon Digital Holdings CEO Fred Thiel breaks down how the bills could impact crypto miners in the Lone Star state.
Marathon Digital CEO Weighs in on Texas Bitcoin Mining Legislation
Texas legislators are throwing their weight behind bitcoin mining with two bills passed in the latest legislative session that are signaling support for the industry, and one thwarted for the time being. Marathon Digital Holdings CEO Fred Thiel discusses what this means for crypto miners in the Lone Star state. Plus, insights on bitcoin mining plans in other locations around the world.
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site
Cathedra will pay $55 per megawatt hour of power plus 10% of gross bitcoin mined at the location.
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
Two bills that seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at the committee stage.
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
The legislation would have capped the industry's participation in demand response programs.
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.
Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the funding round.
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
