Argo Blockchain offers $57.5M in senior notes to fund Texas mining site
Argo will offer senior unsecured notes to raise $58 million, which it will use to finance its Texas mining site that’s set to generate 800MW of electrical power.
Latest Texas News
Celsius booted out in latest US digital currency lending purge
After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the war on digital currency lending continues.
Texas files cease and desist against BlockFi
The state of Texas has filed a Cease and Desist order against BlockFi and claims that BlockFi's Interest Accounts are unregistered securities.
Texas court bans BTC platform PaxForex, imposes $374K penalty
The company is accused of engaging in illegal, off-exchange transactions in these digital currencies as well as foreign currencies and precious metals without registering with the regulators.
Mining firm BIT Mining Limited to invest millions in data center outside China
BIT Mining Limited will invest $25.74 million and jointly build and operate the Texas mining center with Dory Creek, a wholly owned subsidiary of Bitdeer, Inc.
Argo Blockchain purchases 2 facilities in Quebec
The block reward miner has completed the purchase of two data centers in Quebec, Canada. This follows an earlier announcement this year that the firm purchased land in Texas.
Texas lawmakers pass bill giving digital currencies legal status
Known as the Virtual Currency Bill, it will introduce virtual currencies into the state’s Uniform Commercial Code (UCC) which governs commercial transactions in Texas.
Riot Blockchain buys Texas data center for $650M from rival Northern Data
Riot Blockchain has signed a definitive agreement to acquire Whinstone U.S Inc. from its rival Northern Data AG.
Texas securities regulator intervenes to stop another digital currency scam
Delta Crypt has already been the subject of warnings from regulators, who claim the scheme has been “illegally offering securities paying ‘ridiculous’ returns.”
Argo Blockchain completes land acquisition for Texas mining facility
Argo Blockchain has completed the purchase of 320 acres of land in West Texas where it intends to put up a 200MW block reward mining facility.
Winter storm knocks block reward mining farms offline in Texas
A rare winter storm has plunged the state of Texas into an energy crisis, leaving millions of its residents without power and many locally based block reward mining facilities struggling to operate.
Argo Blockchain plans to US expansion with 200MW facility in Texas
The block reward miner entered a non-binding letter of intent (LOI) with DPN LLC of New York to gain 320 acres of land in West Texas.