With summer temperatures baking much of the US, Texas’s notoriously ailing power grid is set to be put under intense strain once again. Blackouts and power failures are on the cards for... Read more »
Texas lawmakers are reconsidering their previously welcoming stance on cryptocurrency mining after new projections estimate a massive increase in the state’s electricity needs by 2030. According to the Houston Chronicle, the Electric... Read more »
Bitcoin mining, AI data centers may stress power grid ERCOT’s CEO says explosive growth in the State of Texas will continue to put pressure on the power grid. Technology like crypto mining... Read more »
Bitcoin financial services firm Unchained and the University of Austin have partnered to launch a long-term endowment fund holding Bitcoin (BTC). On May 31, Austin, Texas-based crypto services and custody company Unchained... Read more »
The Texas State Securities Board has swiftly intervened to shut down Arkbit Capital, exposing a fraudulent crypto cloud mining scheme that deceived investors with false promises and manipulated media. Arkbit falsely claimed... Read more »
The Texas State Securities Board has officially issued a cease and desist order to Arkbit Capital, citing engagement in fraudulent cryptocurrency cloud mining operations. The directive, led by Financial Examiner Alexis Cantrell,... Read more »
LAUREN TAYLOR IN TEXAS, THE ONCE-WELCOMED BITCOIN MINING INDUSTRY FACES BACKLASH DUE TO RISING ENERGY PRICES AND ENVIRONMENTAL CONCERNS. FOLLOWING CHINA’S 2021 BAN ON CRYPTO MINING, TEXAS, WITH ITS CHEAP POWER AND... Read more »
The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by two firms in the industry. According to a new report by Reuters,... Read more »
The Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms have won a favorable ruling from a United States District Judge in a lawsuit against several United States energy officials. On... Read more »
The Texas Blockchain Council (TBC) and Riot Platforms have launched a legal battle against federal energy officials. This move challenges what they consider an unjust demand for crypto-mining energy data. The @TXblockchain_... Read more »