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PANews, citing a Bitcoin.com News report, said Texas State Representative Ron Reynolds has filed HB 815, which proposes allowing cities and counties to use public funds to invest up to 10000000 USD in Bitcoin or other cryptocurrencies.
PANews, citing a public hearing notice from the Starbase city government, reported that SpaceX plans to build a gas-fired power plant and supercomputing facilities near Brownsville, Texas, with an initial investment estimated at approximately 24000000000 USD. The city council will review tax abatements and an economic development agreement on December 10.
BlockBeats reports that CoreWeave has written to the incoming governor of Texas, hoping to work with his transition team to advance its licensed and future data center projects.
Texas Governor-elect Gina Hinojosa said that data center projects currently approved will be allowed to complete construction; new projects must meet conditions including taxes, electricity prices, water resources, union labor, and local participation.