The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.
The new model’s mining power and efficiency positions it between rival Bitmain’s S19 and S19 Pro machines.
The Australian bank was testing a program that allowed customers to hold and use crypto on its app.
The “Intel Blockscale ASIC” chip boasts efficiency up to 26 J/TH, which would make it better than most Bitmain and MicroBT models now on the market.
The company aims to simplify the procurement process for high-performance ASIC mining computers for both institutional and retail customers.
The order from MinerVa builds on a previous deal for 30,000 units of ASIC crypto miners to Nowlit Solutions.
“Estamos asistiendo a un renacimiento de la minería doméstica”, afirma Thomas Heller, de Compass.
The accused faces a lengthy prison sentence if convicted.
The Australian man was banned from working in financial services by the Australian Securities and Investment Commission.
The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia.