• Cheap green power brings crypto mining Texas
    Bitcoin,  Cryptocurrencies,  Technology

    Cheap, green power brings crypto mining to West Texas

    Argo Blockchain’s land purchase today gives it access to 800-megawatts of electrical power, the majority of it renewable

    Argo plans to establish a 200-megawatt mining facility on the Texas site within 12 months. Argo Blockchain CEO Peter Wall said the deal "not only gives us greater control over our mining operations but also the ability to meaningfully expand our mining capacity on a large scale. We now have access to some of what we believe is the cheapest renewable energy worldwide, in a location where innovation in new technologies is encouraged and incentivized.”

  • news
    Bitcoin,  Media,  Ripple

    Must-reads for August 6, 2018

    Here are the crypto stories you should be watching today

    Wells Fargo says hundreds of customers lost homes after computer glitch (CNN) One of the nation’s biggest mortgage lenders is under fire yet again. This time, it acknowledged that 625 people were kicked out of their home because Wells Fargo’s computers allegedly had a “glitch” (Ah, yes, the “dog ate my homework” excuse). Not indirectly related to blockchain, but crypto enthusiasts are collectively tut-tutting and saying “See? I told you so. This never would’ve happened with blockchain tech.”   Goldman Sachs Is Considering a Custody Offering for Crypto Funds (Bloomberg) Funds looking for a bank to hold their crypto may one day have Goldman Sachs as a custodian, according to…