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Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin
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Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
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Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
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.
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Bitmain Aims to Build a 300MW Texas Mining Farm
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 […]
The post Bitmain Aims to Build a 300MW Texas Mining Farm appeared first on Bitcoin News.
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Bitmain Pauses Texas Mining Operations, County Officials Report
According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. […]
The post Bitmain Pauses Texas Mining Operations, County Officials Report appeared first on Bitcoin News.
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Bitmain Launches Key Crypto Mining Facility in Texas
Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U.S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station. The company is reportedly getting a tax abatement phased in over 10 years. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Mining […]
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Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners
In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […]
The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News.
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