Published 2 years ago

Fort Worth becomes first city to mine bitcoin

Summary by Ground News

The City of Fort Worth became the first-ever city government in the nation to mine for Bitcoin. Bitcoin is a digital currency that aims to solve the problem of double-spending. Mining involves using computers to solve complex math problems. Once the solution is solved, the person who solves the problem receives a block of bitcoins.

0 Articles

All

Left

Center

Right

USA Today

Fort Worth, Texas becomes first in the US to mine bitcoin: 'Where the future begins'

Approved unanimously by city council vote Tuesday morning, a small-scale mine was launched in Fort Worth to operate bitcoin in a trendsetting move.

2 years ago·United States

Read Full Article

KRDO

'Putting a stake in the ground,' Fort Worth first US city to mine Bitcoin

By Web StaffClick here for updates on this story TARRANT COUNTY, Texas (KTVT) — Fort Worth is believed to be the first city in the country to start mining its own Bitcoin, from inside city hall.The City Council unanimously approved the donation Tuesday of three Bitcoin mining machines from the Texas Blockchain Council, and the beginning of a pilot program that will last at least six months.The idea is aimed at positioning Fort Worth as a pot…

2 years ago·Colorado Springs, United States

Read Full Article

CNBC

Fort Worth is the first city in the U.S. to mine bitcoin, and will run mining rigs out of city hall

Three Bitmain Antminer S9 mining rigs will run 24 hours a day, seven days a week, in the climate-controlled information technology wing of Fort Worth City Hall.

2 years ago·United States

Read Full Article

CBS News

'Putting a stake in the ground,' Fort Worth first US city to mine Bitcoin

Fort Worth is believed to be the first city in the country to start mining its own Bitcoin, from inside city hall.

2 years ago

Read Full Article

The Hill

Fort Worth becomes first city to mine bitcoin

Fort Worth, Texas, has announced it will start mining the cryptocurrency bitcoin, becoming the first U.S. city to do so. In a press release on Tuesday, Fort Worth’s city government said it i…

2 years ago·Washington, United States

Read Full Article

The Business Journals

Fort Worth ‘at the forefront’ as city's own bitcoin mining efforts are first in US

Fort Worth is taking on bitcoin with a fresh approach for a local government. The city is launching a pilot program to mine bitcoin, an effort launched by the Office of Fort Worth Mayor Mattie Parker and the city in partnership with the Texas Blockchain Council, according to a statement. It’s a push that began this week and is the first in the country for a city government, the statement said. “Our city is seeing a growing interest and investmen…

2 years ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.