Bitcoin has often been criticized for its high energy consumption used by the mining process of the proof-of-work blockchain network. However, where some see a problem, others see opportunity. One such …
MoreTag: Texas
The Governor of Texas has announced his intention for the state to become the home of Bitcoin
There has been a lot of buzz going around regarding Texas and Bitcoin. Although when did it start and what does it really mean? Let’s dive in on an article …
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New York & Texas gaining popularity among mining firms after China crackdown
In the Texas Blockchain Summit in Austin on Oct 8, 2021, Nic Carter, co-founder of Castle Island Ventures, announced the hash rate distribution in U.S. states from a dataset compiled …
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Texas counties welcome Bitcoin (BTC) miners with open arms
Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on …
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Texas will allow state banks to hold Bitcoin (BTC)
The Texas Department of Banking today issued a notice confirming that state-chartered banks may store cryptocurrency on clients’ behalf, provided they have “adequate protocols in place” for complying with the law. Though …
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Texas House To Pass Crypto-Friendly Bill, Now Goes To Senate
Members of the Texas House of Representatives have passed a bill which aims to recognize cryptocurrencies under commercial law in the state. In a session of the 87th Texas Legislature …
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