Why Texas Is a Mecca for Bitcoin Miners

Why Texas Is a Mecca for Bitcoin Miners
A Bitcoin cryptocurrency symbol on a coin. Michael Wuensch/Pixabay
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Texas has turned into a mecca for Bitcoin and other cryptocurrency miners over the past year.

It might not appear to be a likely location for virtual token mining, but crypto professionals and billions of dollars in capital are flooding the southern state. This has led to a growing number of cryptocurrency communities across the state—and not only in Austin, Texas, which has been dubbed as a sort of Silicon Valley 2.0 in recent years.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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