Texas


Finance

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.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Videos

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.

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Finance

Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar

The company is offering to move approximately 5,000 machines to Texas.

Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)

Finance

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 machines (Michal Bednarek/Shutterstock)

Tech

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

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Policy

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.

(Pete Alexopoulos/Unsplash)

Finance

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.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

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.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Videos

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.

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Videos

How Power Grids Work for Bitcoin Miners in Texas

Gregg Dixon, co-founder, and CEO of energy software platform Voltus discusses the state of crypto mining and how it is impacting power grids in Texas, breaking down the data on the energy consumption of a bitcoin miner.

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