What is APY in crypto?

In crypto environment, APY stands also for Annual Percentage Yield and it means the % you may be earning after investing your coins/tokens. This includes also the compounding interest.

Does Texas have a crypto policy?

As a result, the state is often on the cutting edge of crypto policy. Crypto initiatives in Texas are important to the industry nationwide because the state is often the canary in the crypto-mine. Without clear instructions regarding crypto from the federal government, Texas is making its own rules.

What is crypto mining & how does it work?

Crypto mining is the process of validating cryptocurrency transactions, by using high-powered computers to solve extremely complicated math problems. As incentive for “mining,” or solving those math problems, miners are rewarded with cryptocurrency. But crypto mining requires a lot of energy.

Should crypto mining be a viable alternative to electric generation?

Some have criticized crypto mining for the large loads required for these operations, especially during periods of extreme heat in Texas; however, crypto miners have countered that they help to keep electric generation operational and have the capability to rapidly curtail mining to support grid integrity.