Archive | texas

Aluminium Sites Revamped As Search for Crypto Mining Locations Increase

It appears that old Alcoa aluminium facilities are being put to good use, as one more is now earmarked for cryptocurrency mining. Alcoa World Alumina and Chemicals (AWAC), with customers in China, the United States, Europe, and Brazil are letting some of their old operational US sites for aluminium processing go. The last to be […]

Crypto Lender SALT Now Available in 35 States

SALT, one of the earliest cryptocurrency-backed lending providers in the space, announced this week it was expanding into 20 more states in the US, bringing its total market penetration to 35, including Washington DC, across America. And while that number is impressive on its own, SALT accomplished this during an extended bear market. Also read: […]

Bitmain’s New Texas Mining Facility to Begin US Expansion

China-based cryptocurrency mining hardware company Bitmain has confirmed Rockdale, Texas as its next location to spearhead the way for its takeover of the US. Texas operations Rockdale will benefit from Bitmain’s investments totaling over USD 500 million in the following seven years, with plans to launch mining operations in early 2019. The location will employ 400 […]

Bitmain to Open New Blockchain Data Center in Texas

Mining hardware giant Bitman has announced that its newest blockchain data center will be located in Rockdale, Texas, in Milam County. According to a press release released today, developed of the new facility will begin in early 2019, and the company expects the center to be fully operational in about two years, bringing over 400 new jobs… […]

USD 10 Million Texas Mansion Can Be Purchased With Bitcoin

The seller of a USD 9,975,000 mansion near Dallas, Texas is accepting Bitcoin. The mansion has 5 bedrooms, 5 bathrooms, a 5 car garage, and an elevator to a 2nd-floor guest suite. This is just another example of how Bitcoin can be used as a currency even for large real-estate transactions. As of this writing, […]

Black Gold, Texas Tea? No, Crypto Mining Next Big Thing in the Lone Star State

The US state of Texas and oil seem completely synonymous, with even a long-running TV series based around the black stuff, but now it seems there’s another money spinner in town; crypto mining. It seems that more and more Texans are taking to small-scale home-operated crypto mining according to the Dallas Morning News, and leaving […]

Texas Licence Saves Dollars Buying Electricity On the Ethereum Blockchain

Electricity in Texas is about to get cheaper thanks to Public Utilities Commission of Texas’ (PUCT) approval of a REP license to company Grid+, writes Bitrates. The Grid + token, once issued will reportedly reduce electricity costs to the customer using the Ethereum blockchain, meaning consumers will now be able to access wholesale energy markets. […]

Texas Securities Board Issues Cease-And-Desist Orders for Two Exchanges

The Texas State Securities Board (TSSB) has served emergency cease-and-desist orders to two cryptocurrency companies that it believes are likely to be operating scams, BTCRUSH and Forex EA & Bitcoin Investment LLC. BTCRUSH is a website based in the United Kingdom purportedly run by Jaylon Cross, Bruce Rodgerson, Robin Lozinski, and Thomas Johnson, likely to […]

Blockchain Helps the Homeless in Texas Capital

Texas capital city Austin is piloting a blockchain platform that attempts to address the problem of identity management for its homeless population. The pilot program plans to address issues such as unemployment, lack of medical services and government financial support for the city’s 2,000 homeless, who often can’t access these essentials due to proof of identity issues. A […]

Texas State Securities Board Releases “Crypto Report,” 32 Companies Under Scrutiny

In a sign of the times, crypto-related scams have surpassed those involving oil, gas, and real estate in recent months as the most popular means by which fraudsters are attempting to take money from Texas investors, according to a cryptocurrency report authored by Joe Rotunda and his agency the Texas State Securities Board (TSSB). Companies… […]