Texas Financial News

06.08 / 01:55

business Energy Consumption Texas Power Bitcoin production Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.

05.08 / 09:41

business Mining Texas Bitcoin Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

White Rock Management CEO Andy Long believes bear markets "present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector.

03.08 / 20:53

business Mining Texas Riot Riot Blockchain's Bitcoin mining productivity dropped 28% YOY amid record Texas heat

Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas facility.

26.07 / 17:18

education Texas Bitcoin Crypto miners Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners

Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius).

22.07 / 09:37

business Blockchain Electricity Texas Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in Granbury, Texas.

12.07 / 00:39

business Mining Texas Crypto miners Crypto miners in Texas shut down operations as state experiences extreme heat wave

With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to meet demand.

07.07 / 00:11

business Mining Texas Riot Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas.

28.06 / 22:47

business Mining Texas Switzerland-based crypto mining firm expands operations to Texas

White Rock Management, a cryptocurrency mining company based in Switzerland, said it will be expanding its operations to the United States, starting with Texas.

28.06 / 07:45

abortion rights NATO G7 Texas Texas: 46 migrants found dead in abandoned trailer in one of deadliest US tragedies

Forty-six people were found dead in and near a tractor-trailer and 16 others were taken to hospitals in a presumed migrant smuggling attempt into the United States, said officials in San Antonio, Texas.

16.06 / 22:15

regulation investigation Texas Texas securities regulator investigates Celsius over withdrawal suspension: Report

The Texas State Securities Board has reportedly opened an investigation into crypto lending platform Celsius Network over its decision to suspend user withdrawals.

27.05 / 12:25

Texas shootings Grieving husband dies of heart attack after wife slain in Texas school shooting

Tragedy has descended twice in less than a week on one Texan family, extending the tragedy visited upon the community of Uvalde, Texas.

27.05 / 08:11

Texas 500 Ukraine live: At least 1,500 dead in city of Sievierodonetsk, says mayor

Fighting around the city of Sievierodonetsk has intensified, with at least 1,500 casualties and 60% of residential buildings destroyed. About 12,000 to 13,000 people remain in the city, according to the local mayor, with Sievierodonetsk the only part of the Luhansk region in Donbas still under Ukrainian government control.

26.05 / 23:25

Texas Russia offers to lift port blockade in exchange for sanctions relief

Russia's defence ministry says it will lift its blockade of Ukrainian ports in exchange for sanctions relief.

26.05 / 15:17

Police Texas Texas school shooting: Details emerge in community overwhelmed with grief

Anguished bystanders begged the police to intervene while a gunman barricaded himself into a classroom and opened fire on primary school pupils in Texas, it has emerged.

05.05 / 18:47

business Mining Texas Bitcoin Argo Blockchain facility in West Texas expects to start mining Bitcoin in May

Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration ceremony.

26.04 / 20:29

Government regulation Texas Bitcoin City of Fort Worth votes in favor of Bitcoin mining program

Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council.

14.04 / 13:39

Law Texas Texas regulators order virtual casino to stop selling NFTs

A virtual, Cyprus-registered casino Sand Vegas Casino Club faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme tied to metaverses”.

31.03 / 07:59

regulation New York State Texas Blockchain Adoption Washington state passes bill aiming to expand local blockchain adoption

Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.

22.03 / 05:51

Environment Energy Texas Bitcoin Bitcoin mining could be good for US energy independence: Research

Republican Congressman Pete Sessions from Texas has come out with a bold statement about the impact Bitcoin mining will have not just on his state but on the United States as a whole.

14.03 / 22:33

business Texas Event recap Austin’s SXSW 2022: NFTs everywhere

South by Southwest, one of Austin’s biggest festivals with exhibits from tech industry leaders, films and musical acts, kicked off its first weekend — and the theme for many seemed to be nonfungible tokens, or NFTs.

03.02 / 19:03

business Texas NFT project blankets Texas capital city in pro-crypto billboards

The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies.

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