The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.
Texas News
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Bitcoin miners in the United States explain how energy-efficient models will help keep operations profitable post-halving.
2196Plaintiffs in the lawsuit suggested that a mandatory Energy Information Administration survey for crypto miners was politically motivated and an overreach of government authority.
2221The parent company of a yet-to-launch crypto exchange teamed up with the Crypto Freedom Alliance of Texas in hopes of heading off securities trading charges.
2622Crypto entrepreneur Bill Barhydt confirmed the settlement, emphasizing that Abra has never frozen withdrawals for U.S. users and wound down its Earn and Boost programs voluntarily in 2023.
8849Many areas of the Lone Star State experienced subzero temperatures in January — a weather event that has previously led to Bitcoin miners temporarily curtailing operations.
4732A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
3670Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.
4882“GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions,” regulators say.
4055According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
4946Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.
10424The next generation of crypto mining will focus on alternative energy sources for efficiency.
5701Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
55227A16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital and Paradigm joined to advocate for clear regulations.
5483As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs.
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