Dallas College cited the growing and leading presence of Texas-based Bitcoin mining operations, like this Riot Platforms facility in Corsicana. [Photo: Riot Platforms]
After announcing a planned $333 million investment in the project in 2022, Nasdaq-listed Riot Platforms is wrapping up development of Phase 1 of the Bitcoin mining facility. When fully developed, the project is slated to have a total of one gigawatt of capacity. Development of Phase 2 has already begun at the 265-acre site, the company said Monday.
In April, Mayor Mattie Parker turned on three Bitcoin mining machines in Fort Worth City Hall. Since then, the six-month pilot has netted the city $1,019.31. But the real payoff came when the story swept the country—and companies in California, Massachusetts, Maryland, and New Jersey took interest.
“We tallied nearly 753 million media impressions from this project, which has now branded our city as innovative on a global scale," says Carlo Capua, the city's chief of strategy and innovation.
Fort Worth is positioning itself to be the capital of crypto mining. Bitcoin mining machines donated by the Texas Blockchain Council began running 24/7 today, following a city council vote that authorized the six-month pilot program.
Fort Worth Mayor Mattie Parker plugged in the machines herself live on Twitter this afternoon at 2:35 p.m. “These small but powerful machines mark Fort Worth’s larger commitment to becoming a leading hub for technology and innovation," she said.
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North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Electric mobility is about more than battery range now. As EVs become part of everyday life, people want the experience to feel simple and reassuring, whether they are finding a charger, checking their vehicle status, making a payment, or getting help when they need it....
North Texas is a big place with plenty of opportunities. Here’s a curated roundup of contests and competitions; accelerator and recognition programs; and resource and grant opportunities for North Texas innovators. ...
Plano-based Secretome Therapeutics, a biotech company advancing therapies derived from neonatal cardiac progenitor cells (nCPC), has announced the closing of $30 million in Series A financing from RA Capital Management, a multi-stage investment manager focused on public and private healthcare, life sciences, and planetary health companies....