The entrepreneurs behind Southern Block Capital, a Bitcoin mining investment firm based in Little Rock, are optimistic that their second fundraising round will build on the success of the first. Ryan Herget, the man behind Arkansas startup uber-success stories Chef …
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$1 Million Gift to Bolster Technology Studies at Harding University
by AMP Staffby AMP StaffHarding University in Searcy recently received a $1 million gift from a private donor that will be used to fund new technology programs. This fall, Bennett Holloway, content director at Blockworks and an alumnus of Harding University, will teach a …
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Bitcoin Meets the Natural State: Herget, Landers and Curtis Launch Southern Block Capital
by AMP Staffby AMP StaffThree veteran Arkansas entrepreneurs are betting big on Bitcoin and aiming to bring the power of digital currency mining home to the Natural State. Southern Block Capital, a newly launched investment fund led by Ryan Herget, Steve Landers Jr. and …
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Steve Landers Jr. Discusses Planned Crypto Mine in Vilonia
Businessman Steve Landers Jr. is planning to open another cryptocurrency mine, this time in Vilonia. If all goes as planned, the mine will open in the fourth quarter of this year, he said. The Vilonia Planning Commission is set to …
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Arkansas Senate Bill Would Prohibit Crypto Mines Near Military Bases
by AMP Staffby AMP StaffA bill prohibiting the operation of digital-asset mining businesses within 30 miles of any U.S. military facility was filed late Tuesday in the Arkansas state senate. Senate Bill 60, co-sponsored by Sen. Ricky Hill (R-Cabot) and House Speaker Brian Evans …
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Order Lifted Halting Construction of Lonoke County Crypto Mine
by AMP Staffby AMP StaffA cease-and-desist order halting construction on a bitcoin mine in Lonoke County owned by Steve Landers Jr. has been lifted, and Landers said he intends to proceed with building the mine as planned. Last week, officials representing the county and …
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Officials Gather to Express Concern About Crypto Mine in Lonoke County
Cabot and Lonoke County officials hosted a press conference this week to express concerns about a planned crypto mine outside Cabot city limits in Lonoke County. Cabot Mayor Ken Kincade, state Sen. Ricky Hill and Lonoke County Judge Doug Erwin …
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Stock Market Reacts to Trump Win
by AMP Staffby AMP StaffDonald Trump’s election night win triggered a strong market reaction overnight. The Dow Jones industrials, S&P 500 and NASDAQ composite, U.S. treasury yields and the dollar all spiked in reaction to the news that Trump will return to the White …
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Survey: 1 in 3 Businesses Will Soon Accept Cryptocurrency Dogecoin
by AMP Staffby AMP StaffDigital.com recently surveyed 1,000 U.S. business owners to see what their plans were for implementing crypto payments, and found that nearly one in three say they plan to work with Dogecoin in the near future. The meme-based cryptocurrency Dogecoin spiked late …
Renewables and energy efficiency are being used to address the rising energy usage of cryptocurrency mining, such as Bitcoin, which ranks among the top 30 energy consumers. While Bitcoin mining is by no means the greatest consumer of electricity, its …
