Last Week In Bitcoin: Billionaires, Texas, And Mining
Ray Dalio discussing his bitcoin investment, Texas pushing through a bill that provides legal framework, and more in this weekly update.Last Week In Bitcoin is a new segment covering the week that occurred in Bitcoin, with all the important bits and some analysis.SummaryDespite what the charts and current price may say, last week was a bullish week in Bitcoin. Billionaire Ray Dalio confirmed he is holding bitcoin, activist investor and former bitcoin doom prophet Carl Icahn expressed interest in pursuing crypto in a “big way” and Texas pushed through a bill that will provide a legal....
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The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing headquarters in Austin. Blockcap Sets Up Headquarters in Austin, Former Texas Governor Rick Perry Welcomes the Mining Company On April 9, 2021, the firm Blockcap announced that it was establishing headquarters in Austin Texas, and the company will join a number of companies that reside in the Lone....
The bitcoinization of Texas is one step closer. The Texas Pacific Land Corporation, Mawson Infrastructure, and JAI Energy partnered to build a facility that guarantees “60 megawatts of bitcoin mining on TPL’s surface in West Texas.” Using today’s hardware, it “could accommodate up to 2.0 Exahash of Bitcoin mining operational capacity.” The operation will be […]
The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. Today’s Crypto Billionaires List Since March 1987, Forbes has been publishing a list of the world’s wealthiest billionaires compiled in a list for the public to view. Back then the Japanese businessman and real-estate mogul Yoshiaki....
TPL, one of the largest landowners in Texas, Mawson Infrastructure and JAI Energy have partnered in West Texas for a 60 MW bitcoin mining venture.
In April, Bitcoin mining company Riot Blockchain announced its ambitious plans to expand their operations and light up over 200,000 homes in Corsicana, Texas. Riot Blockchain is one of the biggest mining operators backed by a 400 MW facility that can be found in Rockdale, Texas. The company recently revealed that they’re now expanding to […]