Tag Archives: FTX

Some rocky times for Texas’ cryptocurrency miners

Posted on February 21, 2023 by Charles Kuffner

Their boundless optimism never wavers, however. Cryptocurrency miners began flocking to Texas in the past five years, drawn by the state’s low energy costs and relaxed regulations. As they began setting up shop, lawmakers and local officials were touting the boom as an economic lifeline … Continue reading →

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In which I ponder the future of cryptomining

Posted on December 10, 2022 by Charles Kuffner

I know I’m stepping away from things I have knowledge and experience with when I comment on stories like this, but sometimes I just can’t help myself. Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they … Continue reading →

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Yeah, the crypto lovers here are still all in

Posted on November 27, 2022 by Charles Kuffner

I mean, at least they’re consistent. The crypto community in Austin was buzzing. Hundreds of investors, legislators, professionals and enthusiasts packed the halls of the AT&T Hotel and Conference Center at the University of Texas on Nov. 17-18 for the … Continue reading →

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Who else can we think of who’s alleged to have violated Texas securities law?

Posted on November 25, 2022 by Charles Kuffner

Into every story about cryptocurrency, some amount of absurdity is sure to follow. Texas is investigating celebrities who had endorsed FTX, the now bankrupt cryptocurrency firm, for potentially violating state securities laws. The Texas State Securities Board started looking into FTX’s … Continue reading →

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The cryptomining surge in rural counties

Posted on November 22, 2022 by Charles Kuffner

Here’s one possible answer to that question I posed the other day. Jacob Rodriguez was driving a John Deere tractor in a West Texas cotton field when he received a phone call that would change his life. “I was pulling … Continue reading →

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