Texas


Finance

Bitcoin Miners Powered Off as Winter Storm Battered North America

Computing power on the Bitcoin network dropped about 40% over the weekend.

(janeb13/Pixabay)

Finance

Inside Core Scientific’s Prearranged Bankruptcy

The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid

The state's interim, voluntary program to lower power consumption during high demand periods, might go live as early as Jan. 1, 2023.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Videos

21 Americans Charged for Alleged Crypto Money Laundering Schemes

Federal prosecutors in Texas have slapped 21 U.S. citizens with an assortment of criminal charges for allegedly helping various transnational criminal rings launder their ill-gotten gains using cryptocurrency. "The Hash" panel discusses the latest in the world of crypto crime.

Recent Videos

Policy

US Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto to Launder Proceeds of Cybercrimes

The arrests are the result of a multi-year investigation by the U.S. Secret Service, the Postal Inspection Service and the Department of Justice.

(Pete Alexopoulos/Unsplash)

Policy

Sam Bankman-Fried Called to FTX Hearing by Texas Securities Regulator

The Texas State Securities Board has been investigating FTX US since October.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Policy

Beto O’Rourke Returned a $1M Campaign Donation From Sam Bankman-Fried: Report

The former Texas Democratic candidate for governor was uncomfortable accepting such a large unsolicited donation, according to the Texas Tribune.

Former Texas Democratic gubernatorial candidate Beto O'Rourke (Eric Thayer/Getty Images)

Videos

Worse Than Enron? Examining the FTX Collapse

"The Hash" panel discusses the parallels and differences between the implosions of crypto exchange FTX and the fall of the most infamous business fraud in American history – the Texas-based energy trading con Enron (ENE).

Recent Videos

Policy

US Midterm Elections to Set the Tone for Bitcoin Miners' Future

The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.

The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

Finance

Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.

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