DEEPSEEK
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Texas Bitcoin Mining Operations Undergo Intensive Due Diligence
CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.
Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas
Samsung Electronics has secured $6.4 billion in US government grants to expand its Texas chip manufacturing operations, aiming to boost production for automotive, aerospace, and defense industries, including two production facilities and a research center.
Texas lawmakers propose gold-backed state digital currency
Two Texas lawmakers have introduced bills proposing a state-based digital currency backed by gold, with each unit of the currency representing a fraction of a troy ounce of gold held in trust. The bills are set to take effect in September 2023, but have yet to be passed or presented for a vote. This move comes despite objections from several U.S. lawmakers who are against the introduction of a central bank digital currency (CBDC).
Texas Objects to Binance.US and Voyager Digital Deal
Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.
El Salvador is Opening a Bitcoin Embassy in the United States
El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.
Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms
Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
Texas Bitcoin Miners Agree to Reduce Power Usage
The crypto miners made the move after ERCOT suggested the need to reduce power consumption.
