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❕NEWS Texas Becomes A Hot-Spot For Bitcoin Miners Planning To Setup Shops

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Texas is now referred to as the new home of Bitcoin mining due to the much interest it's attracting Miners, after the china Ban, Texas has become the better alternative for miners. Bitmain already a major mining company in Texas, operating a massive 33,0000-acre Bitcoin mine. Rockdale is popularly known for mining due to its crypto-friendly officials. Pyote is another area with much interest for mining as Argo Blockchain plans to buy 350 acres of land by month end.

Texas and Miami are on strong competition on who dominate bitcoin mining activities.
 
Cheap mining facilities should help up the miners and the state gain a portion of share from the industry , thus is a better situation for both at the fine to be honest
 
I know most states in US are giving very favourable conditions for miners to relocate to their region, it is likely that when they are fully settled and mining become more profitable things could change.
 
Texas has always been for Bitcoin so I'm not surprise at their stance. This is same with Miami so the competition has always been looking so happening now is just the reality.
 
Good more mining firm are been established in the country , because they are capable of generating more profit for the government on long run , it's a very good development for me
 
It is trite that Texas is a home of crypto especially bitcoin and this is yet another good innovation as it will further facilitate generation of more revenue for the government as bitcoin miners and others who may have interest starting a mining farm would have to pass through regulatory procedure which will involve fee payment
 
Texas is now referred to as the new home of Bitcoin mining due to the much interest it's attracting Miners, after the china Ban, Texas has become the better alternative for miners. Bitmain already a major mining company in Texas, operating a massive 33,0000-acre Bitcoin mine. Rockdale is popularly known for mining due to its crypto-friendly officials. Pyote is another area with much interest for mining as Argo Blockchain plans to buy 350 acres of land by month end.

Texas and Miami are on strong competition on who dominate bitcoin mining activities.
Texas adopting crypto currency is one thing, the ability to sustain the agenda is another, this will definitely go a long way to boost the state GDP in a long run.
 
Texas adopting crypto currency is one thing, the ability to sustain the agenda is another, this will definitely go a long way to boost the state GDP in a long run.
They have not adopt it has legal tender but a big mining hub so sustainability is not really an issue for the country and I also believe they will be fine
 
YES THERE IS A DIFFREENCE THEY CAN NEVER ACCEPT IS A LEGAL TENDER ELS THERE WILL BE BIG CONSEQUENCES AND I BELIVE NO COUNTRY WILL DO THAT ACTUALLY
 
YES THERE IS A DIFFREENCE THEY CAN NEVER ACCEPT IS A LEGAL TENDER ELS THERE WILL BE BIG CONSEQUENCES AND I BELIVE NO COUNTRY WILL DO THAT ACTUALLY
there can't be any big consequences provided the able to do their feasibility studies and proper planning of adopting it as a legal tender because we can see that El-Salvador did it and they are making progress.
 
There is so much Bitcoin mining activities going on in Texas. That is why cryptocurrencies are becoming fully accepted there. Which is a great move in spreading the popularity of these cryptocurrencies much more.
 
Well that's right but no one country will actually accept it as a legal tender either under developing or fully developed that's what I will say ...
 
There is so much Bitcoin mining activities going on in Texas. That is why cryptocurrencies are becoming fully accepted there. Which is a great move in spreading the popularity of these cryptocurrencies much more.
Honestly, because more revenue is coming in for the government, it is very possible the government will be working on alternative energy sources for continuous Mining operations.
 
Well that's one thing that they can do if they are already collecting millions of dollars worth PD taxes from each town every year to Br honest
 
Both the locations have mayors that highly favor and promote such activities and Texas is much advanced than the other choice and that is why the growth will be huge once the operations are working on with full capacity actually indeed .
 
I love the adoption and growth process of Bitcoin mining , I Love the fact that countries like Texas are having a soft spot for Bitcoin ,like they should see the importance attached to Bitcoin , the profitability ratio and index that could be gained off investing in Bitcoin
 

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