‘Proof of reserves’ bill passes Texas House of Representatives
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital.
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital.
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the…
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand.
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required.