Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves
Ultra Mining is accused of running a ‘recession special’ and touting a fraudulent $100,000 donation to coronavirus relief efforts
The Texas State Securities Board issues an emergency action against an alleged crypto mining scam making fraudulent COVID-19 charity claims
Texas state watchdog issued a warning of the boost in crypto scams amid Coronavirus-related fake news
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months.
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world. A Frankfurt-based operation called Whinstone Inc., […]
The post Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas appeared first on Bitcoin News.
American lawmakers have introduced a bill to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation: A ‘Pattern […]
Chinese bitcoin mining equipment manufacturer Bitmain has opened a headquarters in Texas, marking the latest in a trend for the Lone Star State.
The post Bitmain Opens 50 MW Bitcoin Mining Center in Texas appeared first on Bitcoin Magazine.