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Texas
Texas Opposes Plan by Celsius to Fund Operations With Stablecoin Sales
Texas state agencies are objecting to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Fed’s Waller Sees Another ‘Significant’ Rate Hike This Month; SEC Enforcement Chief: We Can’t Ignore Crypto Law-Breaking
Federal Reserve Governor Christopher Waller said Friday he expects a big interest rate increase later this month. Gurbir Grewal, director of enforcement at the U.S. Securities and Exchange Commission, said his agency can’t look the other way as the crypto industry violates securities laws.
Riot Blockchain Earned $9.5M for Not Mining During Texas Heatwave
Bitcoin mining firm Riot Blockchain mined 318 bitcoins in July, 28% fewer than last July, as it shut some operations to accommodate the high energy demand during the heatwave in Texas. The miner gained $9.5 million in power credits and other benefits from the curtailment. Riot Blockchain Vice President of Capital Markets discusses the state of the mining industry and potential impact of the upcoming ETH merge on the sector.
How Power Grids Work for Bitcoin Miners in Texas
Gregg Dixon, co-founder, and CEO of energy software platform Voltus discusses the state of crypto mining and how it is impacting power grids in Texas, breaking down the data on the energy consumption of a bitcoin miner.
Cipher Mining réduit le coût par terahash des plates-formes de minage de Crypto , même si les pertes trimestrielles s'élargissent
Le mineur espère disposer de 6,9 exahashs par seconde de puissance de calcul déployée d'ici début 2023.
Riot Blockchain Exec on Bitcoin Mining in Texas, Energy Outlook
Bitcoin miners in Texas are halting operations as the state's power grid nears its breaking point amid an intense heat wave. Riot Blockchain Vice President of Capital Markets Philip McPherson discusses the power crisis in Texas and what this means for Riot and the wider mining community. Plus, advice for surviving crypto winter.
How Crypto Mining Is Impacting Power Grid in Texas
Crypto miners in Texas are shutting down operations as the state’s electrical grid braces for a heat wave and surging power demand. Steve Kinard, director of bitcoin analytics at Texas Blockchain Council and Joshua Rhodes, The University of Texas at Austin research associate, discuss what this means for the mining community in Texas and beyond.
Texas, Other States Open Investigation Into Celsius Following Withdrawal Freeze
Former SEC Senior Trial Counsel and Partner at Moses & Singer LLP Howard Fischer weighs in on the news that several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals.
The State of Crypto Mining in China, Europe and Texas
Quantum Economics Bitcoin Analyst Jason Deane discusses the state of cryptocurrency mining in China following Cambridge University’s report about the industry going underground within the country. Plus, a conversation on crypto regulation in the European Union and why Deane believes Texas is becoming the “mining capital of the world.”
OpenSea Suspends Trading of Sand Vegas Casino Club NFTs
OpenSea has suspended the trading of "Gambling Apes" non-fungible tokens (NFTs) from the Sand Vegas Casino Club. This comes after regulators in Texas and Alabama ordered trading to halt as the NFTs were categorized as unregistered securities. ”The Hash” group discusses how securities laws relate to NFTs and crypto regulation on a state level.