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.
Environmental disasters like Dallas' former "Shingle Mountain" may one day be a thing of the past, thanks to new recycling technology from GAF. The company is building its first commercial-scale shingle recycling facility in Corsicana, in an effort to divert the 90% of asphalt shingle waste that it says goes directly into landfills.
“In Texas, you’re in a hail belt, so roofs don’t reach their life expectancy for asphalt shingles," GAF CEO Jim Schnepper told Dallas Innovates. "So they get torn off and they get put into the dump at a rate that's shocking."
Colorado-based Riot Blockchain, one of the world's largest publicly traded bitcoin mining companies, announced plans to develop a 265-acre site in Corsicana—about an hour south of Dallas—adding to its growing presence in the Lone Star State.
At full capacity, the development is expected to have one gigawatt of capacity—enough energy to power around 750,000 households.
The 8,400-square-foot facility, located at Corsicana's Dallas offices, is at the heart of the mattress maker's new growth plan. It's what the CEO calls "a research and innovation effort that is unsurpassed by anyone competing."
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....
Dallas–Fort Worth has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
Southern Methodist University has announced the formation of The Dallas Office at SMU. The university describes it as its “front door to the city and region,” aimed at deepening collaboration with Dallas-based corporations, civic organizations, and community partners while expanding access to its talent, research, and expertise....
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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....
Dallas–Fort Worth has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
Southern Methodist University has announced the formation of The Dallas Office at SMU. The university describes it as its “front door to the city and region,” aimed at deepening collaboration with Dallas-based corporations, civic organizations, and community partners while expanding access to its talent, research, and expertise....
Balerion Space Ventures, a Dallas-based venture capital fund investing in next-gen space, defense, and deep technology companies, has announced the appointment of Beau Spradling as chief financial officer and the establishment of the firm’s headquarters at the Old Parkland campus....
Nextdoor, the popular online neighborhood network, has announced the opening of its Dallas office, in a city that’s already home to the company’s co-founder and CEO, Nirav Tolia. Also based in Dallas is Indrajit Ponnambalam, the company’s chief financial officer....