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TheBlock
2019-12-03 23:03:07

Texas is becoming a new hot spot for bitcoin miners, but not because it has cheap electricity

Quick TakeInterest in mining in the U.S. is on the rise, with a slew of companies announcing plans to open mining farms in TexasEven though Texas has abundant natural resources, its electricity rate and mining site construction costs are not as favorable as those in ChinaWe take a deep dive into the costs going into constructing and maintaining a mining farm in Texas 

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