Texas


Finance

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.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

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.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

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.

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

Finance

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.

Texas GOP wants digital assets in the state's Bill of Rights (PA Thompson/Getty images)

Tech

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.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

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.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Videos

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.

Recent Videos

Videos

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.

Recent Videos

Finance

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.

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

Videos

Texas, Other States Open Investigation Into Celsius Following Withdrawal Freeze

Former SEC Senior Trial Counsel and Partner at Moses & Singer LLP Howard Fischer weighs in on the news that several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals.

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