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Texas
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.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July
The London-based company produced 219 bitcoins in the month, 22% more than in June.
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply
Lower energy consumption helped the miner generate $9.5 million in power credits.
Texas GOP Aims to Enshrine Crypto in State’s Constitution
The Lone Star State is already an important crypto mining hub, and Republican officials appear ready to try build on that momentum.
Bitcoin Mining Difficulty Drops as Miners Feel the Texas Heat
It's the third consecutive downward adjustment – the first time that's happened since last July.
Compass Mining Teams Up With Compute North for 75MW Site in Texas
The struggling bitcoin mining hosting firm recently laid off 15% of its staff.
Riot Blockchain Exec on Bitcoin Mining in Texas, Energy Outlook
Bitcoin miners in Texas are halting operations as the state's power grid nears its breaking point amid an intense heat wave. Riot Blockchain Vice President of Capital Markets Philip McPherson discusses the power crisis in Texas and what this means for Riot and the wider mining community. Plus, advice for surviving crypto winter.
How Crypto Mining Is Impacting Power Grid in Texas
Crypto miners in Texas are shutting down operations as the state’s electrical grid braces for a heat wave and surging power demand. Steve Kinard, director of bitcoin analytics at Texas Blockchain Council and Joshua Rhodes, The University of Texas at Austin research associate, discuss what this means for the mining community in Texas and beyond.
Riot Blockchain Starts Move Away From New York Hosting Site
The crypto miner continued to sell its bitcoin, along with peers feeling the squeeze of the bear market.