2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas…
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Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid
Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter…
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices.
Florida best-prepared US state for widespread crypto adoption: Research
While US the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption.
Bullish on Bitcoin, US Senator Ted Cruz wants Texas to be a crypto oasis
Texas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker.
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid
On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining…
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend.
High sentiment in FTX’s shadow: event recap for Texas Blockchain Summit
Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin.
FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on…
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