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Texas legislature passes new bitcoin mining laws
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Ted Cruz: Bitcoin is a reservoir of power
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Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West Texas, increasing its total energy pipeline to over 2.5 GW…
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In a recent speech for the Texas Blockchain Council, U.S. Senator Ted Cruz referred to Bitcoin as an energy safety blanket for Texas’s grid infrastructure. Cruz described Bitcoin (BTC) as a “reservoir of power,” suggesting that it could serve as…
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Bitcoin
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Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted…
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Bitcoin
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Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…
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Bitcoin
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A US court has temporarily suspended an Energy Information Administration (EIA) directive requiring Bitcoin miners to participate in a mandatory survey. The decision, made by Judge Alan Albright, prevents the EIA from enforcing the Texas Blockchain Council and its members…
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Bitcoin
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Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.
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Texas Blockchain Council (TBC) and Riot Platforms have initiated a lawsuit against the U.S. Department of Energy (DOE), its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The legal challenge, filed in the U.S.…
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Bitcoin
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A Texas crypto firm and industry group sued the SEC, disputing its authority over exchange-traded crypto, aiming to classify them as non-securities. In a legal maneuver against the U.S. Securities and Exchange Commission (SEC), a Texas-based crypto mining firm called…
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Residents of Granbury, Texas, are facing unprecedented disturbances, health issues, and environmental crises due to a local Bitcoin mining operation, as reported by TIME.
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Bitcoin
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A new report from The New York Times sheds light on how Chinese investors, aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry Yu, appears to be the majority owner of a Texas-based…
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Core Scientific CEO Adam Sullivan expressed his satisfaction at the resolution, stating he was pleased to resolve “all existing litigation” with Celsius Mining.
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Marathon Digital Holdings has revealed that its performance in June was mixed, partly because of bad weather
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The 88th session of the Texas Legislature has passed a series of bills set to influence the state's bitcoin mining industry.
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Texas lawmakers have voted in favor of an amendment to the state's Bill of Rights, potentially setting the stage for the inclusion of digital currencies as a recognized medium of exchange.
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As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm.
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Binance will compensate cloud miners in the North American region after extreme weather conditions led to power shortages and disrupted mining activities.
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