Cryptocurrency

Bitcoin miner Riot Platforms made headlines over the summer for making millions by selling pre-purchased power back to the grid. The news highlighted how the grid can benefit businesses more than consumers.

Eager to bring new jobs to their towns and boost their tax base, rural Texas counties are courting companies that produce cryptocurrencies.

Council members passed a resolution Thursday that asks the city manager to study how Austin could adopt or use cryptocurrency, including allowing residents to make payments with it.

From Texas Standard:Rockdale, Texas, an hour outside of Austin, was depending on a company called Bitmain – a Bitcoin “mining” company – to bring new jobs…

As the city prepares for the international mobs of South by Southwest, one small but growing industry is doing some last-minute tinkering.The nation’s…