News
Canaan has acquired a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s of hashrate, expanding its footprint in infrastructure operations.
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Texas News
Texas is a state in the south of the USA. Texas is second in the country in terms of both territory and population. The state is a center for agriculture, oil and gas production, education and finance, so it has a strong economy and Texas’ GDP is usually compared with the GDP of Russia. In terms of Bitcoin in Texas, it is allowed to be used and the state is frequently a location for various cryptocurrency-related projects and conferences, such as the Texas Blockchain Conference. Besides that, the state is the place of origin of the North Texas Blockchain Alliance. which is an organization aimed to provide support for developing blockchain technologies and organization for related events in the North Texas region.
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Bitcoin’s mining difficulty climbed to 144.4 trillion after January storms briefly slashed hash rate, while some US miners offset downtime by selling electricity back to the grid.
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Starboard Value said that “time is of the essence,” stressing urgency in Riot getting “more material deals completed” related to AI and HPC.
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The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers.
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CleanSpark’s move into AI and high-performance computing reflects a broader shift among Bitcoin miners facing rising difficulty and costs.
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The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals.
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Bitcoin Bancorp will join Bitcoin Depot, CoinFlip, and others offering crypto ATMs to the Lone Star State, which has begun gaining Bitcoin exposure via ETFs
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ERCOT reported a record surge in large-load requests, with AI data centers surpassing Bitcoin miners and reshaping Texas’ grid planning and reliability outlook.
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Texas is now the first US state to purchase and hold Bitcoin, but why did it act during a market pullback, and how could this move influence national crypto policy?
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Texas’ Bitcoin reserve initiative under SB 21 signals a shift in how governments may approach digital assets and how it could influence the financial system at a macro level.
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The US-based cryptocurrency exchange has not had a brick-and-mortar headquarters amid adopting its “remote-first” policy, but maintains offices in San Francisco and New York City.
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Residents of a small area in Hood County have attempted to form a municipality to exercise authority over a Bitcoin mining site they claim is generating excessive noise.
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HB 183 revives Florida’s crypto-reserve push, allowing up to 10% in digital assets while adding tougher custody, documentation and fiduciary standards.
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The cryptocurrency with the second-largest market cap was on its way to meeting requirements under Texas' crypto reserve law until a price drop on Friday.
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Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership.
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