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Real-time operational and financial information about the mine, including its energy consumption and hashrate, will be publicly available in a dashboard, Back said. The data is intended to inform the public debate around off-grid mining and whether it can fund the expansion of solar power. "When people publish just analyst
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To be sure, Texas, there are programs available for heavy power consumers such as crypto miners, to incentivize them to lower their energy usage during peak demand periods. For example, in exchange for helping ERCOT stabilize the grid, Riot gets to participate in load management programs and other services, including
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United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.According to a Monday filing with the Securities and Exchange Commission (SEC), Argo plans to offer $57.5 million worth of
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United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion.According to a Friday regulatory filing from Argo, the $2 billion cost estimate for the Helios mining facility built on a 320-acre land plot in
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Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas. According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from
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“As we continue our rapid expansion plans in the United States, we remain committed to our sustainability and social commitments, by identifying ways to power our industrial-scale bitcoin mining farms with renewable energy and create job opportunities for the local communities in which we operate,” Executive Chairman and co-founder Abdumalik
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The proposal was filed with the Texas Secretary of State, which sought to address and clarify the reporting requirements of political contributions made with cryptocurrencies. According to the filing:“The new rule permits candidates, officeholders, and political committees to accept cryptocurrency. It does not distinguish between any types of cryptocurrencies, like
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Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm announced Thursday it is entering into an agreement regarding potentially constructing new data centers in Texas. It also agreed to acquire printing company LSC Communications’ facility in South Carolina. It had
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Furthermore, Canaccord’s Joseph Vafi said “after adding 600 petahash of new hydro-driven mining capacity in Quebec during Q2, all the pieces are coming together for the company to further, materially expand its hash rate capacity in 2022, leverating 200MW of cheap, Texas wind power and recently placed orders for new
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Front Row, a marketplace geared towards progressive organizations, has said it will be partnering with the Texas Democratic Party to pilot a program aimed at raising money for candidates and causes using nonfungible tokens.In an Oct. 11 announcement, Front Row said it had already minted digital images of key moments
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