2023-4-5 22:27 |
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
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Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.
2023-4-13 21:11 | |
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A new Texas Senate bill is looking to eliminate the incentives put in place to attract cryptocurrency miners to the Lone Star state. The post Texas bill seeks to eliminate incentives for Bitcoin miners appeared first on CryptoSlate.
2023-3-29 21:23 | |
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The miners will be mostly positioned at a wind farm in West Texas and thousands more miners are scheduled to deploy throughout 2022.
2022-9-16 19:36 | |
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Texas was once seen as Canaan for miners fleeing troubled times in China, but 12 months down the line, the fairy tale has turned into a nightmare for some mining companies.
2022-9-2 22:29 | |
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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.
2022-8-24 12:20 | |
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Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required.
2022-7-26 16:03 | |
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The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves.
2022-7-23 15:27 | |
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Bitcoin miners in the Lone Star State are back in action after halting operations over power cuts at the start of the month. The post Texas Bitcoin Miners Go Live Again After Power Outage appeared first on BeInCrypto.
2022-7-21 16:30 | |
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As businesses prepare for a heat wave that is anticipated to strain the electricity grid, nearly all industrial-scale Bitcoin miners in Texas have turned off their equipments. Due to Texas's affordThe post Bitcoin miners push the pause button in Texas as power issues loom appeared first on AMBCrypto.
2022-7-12 20:30 | |
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Crypto miners in Texas shut down their operations ahead of a heat wave many anticipate will test the limits of the state’s power infrastructure. The post Texas Crypto Miners Move to Switch Off as Heatwave Threatens Power Grid appeared first on BeInCrypto.
2022-7-12 07:51 | |
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ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures.
2022-7-12 00:25 | |
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Bitcoin miners are cooperating with Texan authorities to help alleviate the states energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is...
2022-7-12 21:57 | |
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Bitcoin miner Riot Blockchain, among the largest in the US bitcoin mining space, is moving its miners from New York to Texas. The move comes as the Bitcoin miner looks to cut costs associated with having its mining rigs hosted at a third party site, Riot said in an update.
2022-7-8 18:33 | |
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Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”
2022-7-7 23:59 | |
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The Texas Blockchain Council has donated three S9 bitcoin miners to Fort Worth, Texas for a six-month trial allowing the city to experience mining from within.
2022-4-27 19:11 | |
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Tomorrow, legislators of Fort Worth, Texas will vote on a bill for bitcoin mining while the City Council will receive three miners from the Texas Blockchain Council.
2022-4-26 20:09 | |
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As a massive winter storm hits Texas, Bitcoin (BTC/USD) mining companies in the state have started shutting down operations to help ease the strain on the state’s hard-pressed electric grid.
2022-2-5 00:27 | |
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Bitcoin miners in Texas are downing tools for some days due to the anticipated extreme weather conditions expected to hit the state this week. The post Extreme weather conditions force crypto miners to halt operations appeared first on CryptoSlate.
2022-2-4 18:30 | |
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Texas Governor Greg Abbott has invited Bitcoin (BTC/USD) miners to set up shop in the state with hopes that they will help stabilize the Texan electrical grid. A report unveiled this news on January 27, noting that he invited dozens of crypto deal makers to his mansion in Austin last year to discuss this idea.
2022-1-30 00:57 | |
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A lot has happened in the Bitcoin space, from mining crackdowns to new all-time highs to market crashes. Out of all of these have come some very interesting takes on how Bitcoin and crypto, in general, are affecting the day-to-day lives of individuals.
2021-12-7 23:30 | |
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Rockdale, a city of 5600 people, located in Milam County in the state of Texas, has welcomed bitcoin miners into its economic framework, as it seeks to mobilize dormant electricity capacity left behind by the aluminum industry.
2021-11-1 19:25 | |
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Comments from Senator Ted Cruz underscore the potential that Bitcoin mining has to integrate with the Texas energy grid in a transformative way.
2021-10-29 17:03 | |
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The ongoing cryptocurrency headwinds for miners in China continue to present endless opportunities to the United States with politicians now more than ever, turning their attention to the already burgeoning sector.
2021-10-13 21:26 | |
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We already know that the U. S. was a beneficiary of the Bitcoin mining ban that was announced by China earlier this year. Latest data further revealed that New York, Kentucky, Georgia, and Texas were lThe post U.
2021-10-12 00:30 | |
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At a recent meeting of 200 oil and gas executives and bitcoin miners in Texas, flared, vented and stranded gas assets were discussed as a way forward for bitcoin miners to deal with their ever-increasing electricity and energy requirements.
2021-9-6 18:10 | |
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As Bitcoin miners are relocating to new areas, there has been a growing interest in the United States for cryptocurrency mining. It was not only offering an alternative for suitable mining in Texas buThe post Nasdaq-listed Powerbridge to start mining Bitcoin and Ethereum appeared first on AMBCrypto.
2021-8-13 00:30 | |
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Bitcoin mining facilities are setting up shop in Texas, but not only for obvious reasons like wind and land opportunities. Here's why the state is becoming popular.
2021-7-26 18:23 | |
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US Bitcoin mining facility operator Compute North has disclosed plans to expand its services. The firm, which has centers hosting Bitcoin miners in Texas, Nebraska, and South Dakota, intends to scale up its capacity by 1.
2021-7-12 21:43 | |
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The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a "crypto law proposal supporter."
2021-6-19 23:30 | |
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All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP.
2021-6-17 01:00 | |
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Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a sweltering summer.
2021-6-17 08:49 | |
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Marathon Digital Holdings, a Bitcoin self-mining company in North America, has entered into a binding letter of intent with Compute North to host previously purchased 73,000 Bitcoin miners as part of a new 300-megawatt data center located in Texas.
2021-5-26 19:42 | |
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Marathon Digital holdings will house 73,000 mining rigs at a Compute North data center being built in Texas.
2021-5-25 19:06 | |
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Access to unique power sources and friendly regulations are driving bitcoin mining companies to set up shop in Texas.
2021-5-4 18:44 | |
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According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners.
2021-4-22 20:45 | |
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SBI Holdings and GMO Internet are all geared up to launch a massive Bitcoin mining facility in Rockdale, Texas. This supports a very strong narrative at play in the Bitcoin mining industry. More and more miners have moved away from Asia are migrating to the United States.
2020-1-9 02:00 | |
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The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world.
2020-1-8 18:00 | |
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Bitmain's new strategy of giving put options on bitcoin to buyers of its miners amounts to a "Texas hedge" – doubling down on risk, not offsetting it.
2019-12-12 21:00 | |
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According to the recognized Bitcoin (BTC) developer Justin Moon, Fidelity Investments has a full room of Bitcoin miners at their office in Texas. Fidelity Investments has been interested in Bitcoin and virtual currencies and took the decision to build crypto-related products.
2019-5-26 19:39 | |
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Bitcoin [BTC] had become the center of discussion in the crypto-verse after its meteoric rise recently. BTC is considered to be the digital gold with huge growth potential. As the interminable discussions continued for a long time, individuals associated with this discourse exhibited legitimate reasons both ‘for’ and ‘against’ the validity and acknowledgment of digital […] The post Bitcoin [BTC]: Fidelity has a ‘room full of ASIC miners’ at its Texas office, claims Justin Moon appeared first on AMBCrypto.
2019-5-26 11:15 | |
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Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money.
2019-4-24 22:00 | |
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During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4.
2018-7-31 20:40 | |
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Cryptocurrency mining is both power and heat intensive. In the case of the latter, miners have been known to flock to countries like Iceland, as well as cities like New York. Texas based blockchain-based platform, TMGcore, is showing that this doesn’t have to be the case.
2018-7-30 05:00 | |
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In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […] The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News.
2018-7-30 03:20 | |
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Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.