Texas, which is now housing a major share of the U.S. mining business, is now a battleground. A recent report by CNBC noted the changing landscape of Rockdale in the Texas region.
It noted that Alcoa was the only major company in the region, until it had to shut its operations. Lee Bratcher, president of the Texas Blockchain Council also said,
“The Rockdale economy was devastated for several years until the bitcoin miners showed up.”
China-based Bitmain’s $500-million investment promise had got another ray of hope for Texas, as it promised to build the world’s largest bitcoin mine in Rockdale. That, as we know, didn’t materialize.
In present times, Bitdeer and Riot Blockchain’s Whinstone, “believed to be the largest single facility, as measured
Read more on ambcrypto.com