Tag: Texas

The Republican Party of Texas has unveiled its 2022 platform and resolutions, detailing its principles and future goals. Among them is a plan to enshrine constitutional law allowing Texans to use whatever form of money they choose – including cryptocurrency. As the document states, the GOP will add protections for wealth transfer and storage to the Texas Bill of Rights. It will let Texans choose their medium of exchange, “including digital currency, gold and silver coin, bullion, cash, and scrip.”…

Peter Wall – CEO of the publicly traded miner Argo Blockchain – recently broke down how Bitcoin mining is supporting the Texas power grid. He argued that miners are a form of “flexible load” that can give their power back to the grid when it’s put under stress. In an interview with Yahoo Finance, the CEO explained why Argo suspended its operation in Texas on Monday. The firm was responding to a call from the Electric Reliability Council of Texas…

The city of Fort Worth, Texas is tentatively entering the Bitcoin mining industry at a government level. The six-month pilot program should establish the area as a welcoming blockchain hub. Miners at City Hall On Tuesday, the Fort Worth city council voted unanimously on a resolution to accept a donation of three Bitcoin miners. The miners – a Texas Blockchain Council donation – are worth $2,100 each. As CNBC reports, the Bitmain Antminer S9 mining rigs will mine Bitcoin 24/7…

In recent years, digital money has expanded significantly. In addition to trading and exchanging, several companies are now taking bitcoin as a means of payment.  Digital money will soon be part of an employee savings plan at a bank operating in Texas. Could receiving Bitcoin salaries become an option in the future? Texas Bitcoin - Vantage Bank’s Innovative Decision Vantage Bank is among the first companies to allow workers to join a Bitcoin savings plan. In this context, businesses are…

Crypto-related job postings skyrocketed last year, following the strong performance of crypto markets. Texas and Florida emerged as new hubs for crypto jobs.  LinkedIn has reported an astonishing 395% growth of job postings related to crypto. A survey by Linkedin showed a sharp rise in job postings with terms like "cryptocurrency", "bitcoin", and "blockchain" in 2021. Moreover, the growth in crypto jobs outpaced the broader tech industry, which saw a 98% increase in listings. Most job postings were in finance…

Texas continues to establish itself as the world’s new premier Bitcoin mining hub. The City of Albine recently announced a partnership with Lancium – a Houston-based energy infrastructure company – to build a $2.4B data centre. The centre will also host Bitcoin mining, among “other energy-intensive applications”. More Mining in Texas As reported by KTXS12 News, the data centre is to be the largest Albine city project to date. The project – titled “Project Artemis” – will begin at 200…