Texas Senate Committee Hears Testimony On Bill That Would Ban Certain Energy Arrangements With Bitcoin Miners
Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state. The Senate Committee on Business and Commerce heard testimony in regards…
Texas Senator Ted Cruz Introduces Anti-CBDC Bill
Ted Cruz has joined a myriad of politicians in demonstrating their contempt for CBDCs in America — but what about pro-Bitcoin legislation? Texas Governor Ted Cruz has joined a growing…
Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership
A new bill introduced in the Texas House could set the state up to be the nucleus of Bitcoin development in the United States. A bill that would fully protect…
El Salvador To Open A Bitcoin Embassy In Texas
A new link between the Central American nation and Texas has been borne out of Bitcoin. After opening its first Bitcoin Embassy in Lugano, Switzerland, El Salvador is opening a…
Bitcoin Miner BitNile Relocates 6,572 Bitcoin Miners To Michigan
BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy. Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, is moving 6,572 Bitcoin…
Senator Ted Cruz Is Bringing Bitcoin To The Capitol With Vending Machines
The Texas Senator has introduced a resolution requesting Capitol vendors to accept bitcoin. Sen. Ted Cruz (TX-R) has proposed a resolution that would request vendors within the Capitol area to…
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to…
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner…
Bitcoin Mining Company White Rock To Open Mining Facility In Texas
White Rock is partnering with a sustainable energy infrastructure provider to capture excess natural gasses released from oil wells to mine bitcoin in Texas. Bitcoin mining company White Rock Management…