Why Texas Is on Cutting Edge of Crypto Mining

July 28, 2023 09:35:00

Texas has become a significant crypto-mining hub globally, mostly as a result of its fortunate combination of inexpensive electricity and a forgiving regulatory climate. A number of measures have recently been passed and have the potential to put the Lone Star state at the forefront of the development of crypto policy.

The crypto-mining process uses supercomputers to solve extremely difficult mathematical puzzles to validate cryptocurrency transactions. Incentives such as cryptocurrency are given to miners as…

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