Texas
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
Riot Blockchain Earned $9.5M for Not Mining During Texas Heatwave
Bitcoin mining firm Riot Blockchain mined 318 bitcoins in July, 28% fewer than last July, as it shut some operations to accommodate the high energy demand during the heatwave in Texas. The miner gained $9.5 million in power credits and other benefits from the curtailment. Riot Blockchain Vice President of Capital Markets discusses the state of the mining industry and potential impact of the upcoming ETH merge on the sector.
How Power Grids Work for Bitcoin Miners in Texas
Gregg Dixon, co-founder, and CEO of energy software platform Voltus discusses the state of crypto mining and how it is impacting power grids in Texas, breaking down the data on the energy consumption of a bitcoin miner.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July
The London-based company produced 219 bitcoins in the month, 22% more than in June.
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply
Lower energy consumption helped the miner generate $9.5 million in power credits.
Texas GOP Aims to Enshrine Crypto in State’s Constitution
The Lone Star State is already an important crypto mining hub, and Republican officials appear ready to try build on that momentum.
Bitcoin: la dificultad de minado registra su mayor caída desde julio de 2021
Es el tercer ajuste a la baja consecutivo, el primero de este tipo en un año.
Bitcoin Mining Difficulty Drops as Miners Feel the Texas Heat
It's the third consecutive downward adjustment – the first time that's happened since last July.
