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08/13/2024 / Last updated : 08/13/2024 Governance News

How Texas’ Affordable Electricity is Transforming Blockchain and Crypto Mining

Texas is becoming a hotspot for blockchain and cryptocurrency mining due to its exceptionally low electricity costs. This affordability is attracting numerous companies and entrepreneurs seeking to capitalize on the energy-intensive nature of crypto mining. The state’s deregulated energy market, abundant renewable energy sources, and favorable regulations are driving innovation and establishing Texas as a leader in the digital currency landscape, reshaping the industry’s future.

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