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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#Texas #TexasBitcoinMining #Rockdale
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.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: Twitter: AJEnglish
- Find us on Facebook: Facebook: aljazeera
- Check our website: https://www.aljazeera.com/
#Texas #TexasBitcoinMining #Rockdale
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