Tuesday, January 31, 2023

Why are crypto mining companies flocking to rural Texas?

Bitcoin is giving a former aluminium plant in Texas a new industry.
Crypto miners are pouring in from all over the world and offering millions for a spot there.
And Rockdale, a rural Texas town of 5,600 people, offers all the fixings of a Bitcoin miner’s dream home: crypto-friendly politicians, large swathes of land, previously abandoned industrial infrastructure ripe for repurposing, and cheap electricity.

Al Jazeera’s Phil Lavelle reports from Rockdale, Texas.

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