Texas

Texas

Finance

Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering

Born out of the ashes of the Compute North bankruptcy, the new venture aims to give customers control over their energy strategy.

Saxet Infrastructure Group, a new company, is building a data center in Corpus Christi, Texas. (Saxet Infrastructure Group)

Finance

Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager

The funds will go toward reducing Mawson's debt and fueling growth.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Vidéos

Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs

The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand. "The Hash" panel discusses the potential impact on the bitcoin mining community.

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Vidéos

Texas Bill Limiting Bitcoin Miners' Participation in Demand Response Programs Passes Another Hurdle

The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand. Bill SB 1751 is now heading to the House and if approved, it will have to be signed into law by Texas Governor Greg Abbott. GRIID Chief Strategy Officer Harry Sudock discusses how the bill could impact miners in the state and his reaction to The New York Times article on bitcoin mining.

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Juridique

Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs

Bill likely to fail in the House, says miner Marathon Digital.

(Pete Alexopoulos/Unsplash)

Analyses

The New York Times' Skewed Bitcoin Mining Exposé Reveals Blatant Bias

A new hit piece from “the paper of record” makes it clear: These are not serious people.

Aspen Creek is just one bitcoin mining facility that tapped Texas' cheap, but atypical, electricity grid. (Aspen Creek)

Vidéos

Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote

A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber. CoinDesk Regulatory Reporter Amitoj Singh explains what this could mean for miners in the state. Plus, insights on the state of crypto in India amid regulatory headwinds in the U.S.

Recent Videos

Juridique

Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote

Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs the legislation looks to curb.

(eddie sanderson/Getty Images).

Vidéos

CBDC Outlook as Sen. Ted Cruz Proposes Ban

Sen. Ted Cruz introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis. CoinDesk Executive Director of Global Content Emily Parker breaks down the differences between the two proposals and what the opposition to a CBDC is largely about.

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Vidéos

Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC

Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.

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