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.
The initial public offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State.
Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load...
Texan Bitcoin mining power demands could jump 5 times by 2023
The newly merged corporation will retain its ticker symbol, BSGA, on the Nasdaq stock exchange, and Jihan Wu will continue to lead the combined organization.
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bi...
NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC
The company said it intends to use the proceeds for construction costs and rigs at its Texas crypto mining facility, expected to be operational in 2022.
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of t...
Argo Blockchain's Texas mining facility could cost up to $2B
Argo Blockchain pocketed a record revenue of $26 million for the third quarter after mining nearly 600 BTC.
Argo Blockchain mines record 597 BTC during Q3 2021