1. Home
  2. Texas

Texas

CleanSpark still to restore 165MW in aftermath of Hurricane Helene

The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power. 

United States Bitcoin mining firm CleanSpark says it is still working to turn the power back on across all its facilities in the aftermath of Hurricane Helene — which saw devastating flooding, power outages and widespread damage across several US states. 

The Bitcoin miner’s hashrate briefly fell from 28 exahashes per second to 10.5 EH/s when it was forced to shut down 365 MW at the southeast Georgia site shortly after the hurricane started on Sept. 27. 

However, CleanSpark has managed to turn 200 MW back online since then, increasing its current operating hash rate to 22 EH/s, CleanSpark’s CEO Zach Bradford noted in a Sept. 30 statement.

Read more

Wyoming proposes bill for Strategic Bitcoin Reserve

5 US States Settle With GSB Group Over Unregistered Crypto Sales

5 US States Settle With GSB Group Over Unregistered Crypto SalesFive U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]

Wyoming proposes bill for Strategic Bitcoin Reserve

U.S. Federal Reserve Slaps Texas Bank With Cease-and-Desist Order Related to Crypto Services

U.S. Federal Reserve Slaps Texas Bank With Cease-and-Desist Order Related to Crypto Services

The U.S. Federal Reserve is hitting a Texas bank with a crypto-related cease and desist order, alleging that it violated several national laws. According to recent court documents, the Federal Reserve found that United Texas Bank had “significant deficiencies” in its corporate oversight, governance, and anti-money laundering (AML) protocols after launching an investigation into the […]

The post U.S. Federal Reserve Slaps Texas Bank With Cease-and-Desist Order Related to Crypto Services appeared first on The Daily Hodl.

Wyoming proposes bill for Strategic Bitcoin Reserve

Bitcoin (BTC) Mining in Texas Increases by 30% in August As Electricity Prices Plummet

Bitcoin (BTC) Mining in Texas Increases by 30% in August As Electricity Prices Plummet

New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as electricity prices in the state nosedive. In a new thread, Pierre Rochard, the vice president of BTC mining firm RiotPlatforms, tells his 58,200 followers on the social media platform X that mining of the top […]

The post Bitcoin (BTC) Mining in Texas Increases by 30% in August As Electricity Prices Plummet appeared first on The Daily Hodl.

Wyoming proposes bill for Strategic Bitcoin Reserve

Texas Senator discloses up to $100K BTC after blockchain endorsement

After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.

Ted Cruz, the junior United States senator representing Texas, disclosed he purchased up to $100,000 worth of Bitcoin through financial services firm River Financial.

In an Aug. 13 disclosure filing with the US Senate, Cruz revealed he bought between $50,001 and $100,000 worth of Bitcoin (BTC) as part of his personal holdings in 2023. The filing came just one day after the advocacy group Texas Blockchain Council endorsed the senator for his 2024 reelection campaign, highlighting his views on crypto.

The Texas senator also reported he purchased Bitcoin in 2022, declaring between $15,001 and $50,000 worth of the cryptocurrency. His 2023 disclosure form did not include three BTC miners he claimed to have purchased in May, which will likely be officially reported sometime in 2025.

Read more

Wyoming proposes bill for Strategic Bitcoin Reserve

Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center

Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data CenterIris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agreement with American Electric Power (AEP). Iris Energy Expands Texas Operations On Wednesday, Iris Energy […]

Wyoming proposes bill for Strategic Bitcoin Reserve

US Bitcoin miners hodl in expectation of BTC price rises

US mining firms are confounding pre-halving expectations by hodling the BTC they mine.

Marathon Digital Holdings didn’t sell any of its Bitcoin in June.

The decision marks a growing trend among United States-based Bitcoin (BTC) miners, who are choosing to keep the Bitcoin they mine rather than sell it.

Cointelegraph spoke to Salman Khan, Marathon’s chief financial officer, to better understand how miners decide when to accumulate their Bitcoin and when to move them onto the market.

Read more

Wyoming proposes bill for Strategic Bitcoin Reserve

Crypto Exchange Abra Acquires Several Valkyrie Funds After Settling With US State Regulators: Report

Crypto Exchange Abra Acquires Several Valkyrie Funds After Settling With US State Regulators: Report

Crypto exchange Abra is reportedly purchasing a number of funds from digital asset management firm Valkyrie Investments after settling with US state regulators. According to a new report by Bloomberg, Abra has bought several trusts from Valkyrie after settling up with 25 regulators. Marissa Kim, Abra’s head of asset management, tells Bloomberg that the deal […]

The post Crypto Exchange Abra Acquires Several Valkyrie Funds After Settling With US State Regulators: Report appeared first on The Daily Hodl.

Wyoming proposes bill for Strategic Bitcoin Reserve

Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas

Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In TexasDavid Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens living nearby. The operation, located in Texas, is one of the least remote mines managed by the company. Marathon Digital Plant […]

Wyoming proposes bill for Strategic Bitcoin Reserve