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Texas
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
This is the second lawsuit related to the giant Texas mine that Riot acquired last year.
Fed’s Waller Sees Another ‘Significant’ Rate Hike This Month; SEC Enforcement Chief: We Can’t Ignore Crypto Law-Breaking
Federal Reserve Governor Christopher Waller said Friday he expects a big interest rate increase later this month. Gurbir Grewal, director of enforcement at the U.S. Securities and Exchange Commission, said his agency can’t look the other way as the crypto industry violates securities laws.
Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar
The company is offering to move approximately 5,000 machines to Texas.
Bitcoin Miners' Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year
Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block.
Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather
Some analysts are starting to see this as start of a new seasonal trend in bitcoin mining
The End of the Texas Bitcoin Mining Gold Rush
The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
Riot Blockchain Earned $9.5M for Not Mining During Texas Heatwave
Bitcoin mining firm Riot Blockchain mined 318 bitcoins in July, 28% fewer than last July, as it shut some operations to accommodate the high energy demand during the heatwave in Texas. The miner gained $9.5 million in power credits and other benefits from the curtailment. Riot Blockchain Vice President of Capital Markets discusses the state of the mining industry and potential impact of the upcoming ETH merge on the sector.
