Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners. Crypto mining company Blockcap, which recently announced it would be setting up new offices in Austin, says Texas could become an alluring region for the industry.In an exclusive interview with Cointelegraph, Blockcap founder and executive chair Darin Feinstein said the firm had chosen Texas for its headquarters based on the potential hiring pool as well as the regulatory environment. According to Feinstein, blockchain companies operating in the United States — and Texas....
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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 Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last three months, bitcoin (BTC) markets have seen phenomenal gains and alongside the price rises bitcoin miners are pulling in profits. This week the Austin-based firm Blockcap revealed its Q1 earnings in terms of bitcoin (BTC) revenue. The company has acquired $33 million or 544 bitcoins during the....
The Texas-based miner raised more than $38 million in two separate funding rounds. Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead.Off The Chain Capital and Foundry Digital, a subsidiary of Digital Currency Group, contributed to the $75 million haul, Blockcap announced Wednesday. The funding will go toward scaling the company’s mining operations and promoting the continued growth of digital assets in the United States. Blockcap....
Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills. North America-based crypto mining company Blockcap announced over the weekend it would be establishing new offices in Austin, Texas.In an announcement from Blockcap on Friday, the mining company claimed once its new facilities are operational in the Lone Star State’s capital, its hashing power will be roughly 3.5 exahash per second from a total of 42,000 rigs, reportedly doubling its capabilities. According to blockchain data, this would....
In the world of technology, there has always been a huge debate going on regarding consumer privacy policies. Ever since the Internet came around, regulators have been struggling to keep up with privacy policy adoption, and that gap is going only growing larger now that technology is evolving at an accelerated pace. During the CES 2016 interview, heads of two cybersecurity regulation agencies stated how tech companies need to be more vigilant regarding personal information protection. There is no denying something has to change if companies and governments want to properly protect consumer....