After China’s sweeping ban of the crypto sector last year, the U.S., particularly Texas, has become the dominant hub for miners due to its cheap power and mining-friendly local legislations. Fort Worth’s move is likely to further help the bitcoin-friendly jurisdiction narrative of the state, which comes at a time when both global and other state-level policymakers are pushing for more regulations for the miners.
Source: https://www.coindesk.com/business/2022/04/26/fort-worth-to-become-first-us-city-to-mine-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines