Tag Archives: Texas

Texas became a serious crypto mining hub about two years ago, and it looks like things are set to stay this way for some time. Despite a wide array of headwinds and problems the industry has been facing, Texas crypto mining has remained quite steady, and the Lone Star State is still being sought out by new companies and facilities. Texas Is Still the High-Ranking Crypto Mining Official Texas became a serious region for crypto mining beginning in the summer of 2021. The...

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption. El Salvador Forms BTC Partnership with Texas El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and...

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The skyline and Lady Bird Lake in Austin, Texas Foto CC 4.0 by Michael Barera Zur Förderung wirtschaftlicher Austauschprojekten, plant El Salvador die Eröffnung einer Bitcoin-Botschaft im US-Bundesstaat Texas. Dies teilte Milena Mayorga, die US-Botschafterin des Landes, via Twitter mit. Konkret ließ sie verlauten, dass es zu einem Treffen mit Joe Exparza, dem stellvertretenden Sekretär der texanischen Regierung gekommen sei. In den Gesprächen sei...

Upbring – a nonprofit organization based in Austin, Texas – has stated it’s going to be using crypto and blockchain technology to help more than 11,000 kids in the Lone Star State. Upbring Is Looking to Help Texas Kids Upbring provides three main services: education, resettlement, and foster care. The group seeks to provide aid and assistance for underprivileged children in the region and prevent them from being exposed to danger and unhealthy scenarios. In other words, it wants to make...

Popular digital currency exchange FTX and its founder Sam Bankman-Fried are the subjects of a new investigation occurring in Texas. The state alleges that the company may have sold unregistered securities to dozens of customers. FTX Has Fallen into Texas’ Line of Vision This is an ongoing scheme in the cryptocurrency world. Many financial organizations like the Securities and Exchange Commission (SEC) are coming down hard on crypto firms that may not have taken the time...

Massachusetts Senator Elizabeth Warren has never been a fan of crypto. In fact, she seems to use all her off time to go after digital assets and those who use them. This time, however, she’s setting her sights on Texas, which she says needs to be investigated for becoming one of the most unregulated crypto havens in America. Elizabeth Warren Has Angry Eyes for Texas In Texas, crypto mining has become a big deal over the past year or so. Following news that Beijing in...

Over the past year or so, the state of Texas has become one of the go-to regions for people looking to either establish new crypto mining projects or continue what they’ve already started. Several months later, it doesn’t look like that trend is ending anytime soon. Texas Is Still a Mining Powerhouse Things began in the summer of 2021 after China announced it was going to end all crypto mining projects and dub them illegal. The news was shocking given the country hosted...

Riot Blockchain, Inc. is a company that both hosts and mines bitcoin units. In a recent announcement, the company said it received more than $9 million from the Texas state power grid manager to cut back on its mining efforts and give the state a break as it reached peak energy demand from residents and businesses alike. Riot Blockchain Is Willing to Compromise Riot Blockchain is one of the largest, most well-known crypto mining facilities in the world. In a recent...

There is a rapid heatwave spreading through the state of Texas. This means everybody’s air conditioning units are going to be on, and electricity is going to be short. As a result, crypto miners in the Lone Star state are expected to shut down here and there to at least calm their operations for a while. Texas Is the Crypto Mining Hotspot Texas, for the past several months, has caught the eye of crypto miners across the globe. Not only does the region offer vast amounts...