A growing interest in mining from institutions like investment funds in Texas is spurring growth as established investors look for areas with not only cheap and abundant energy but a degree of political and regulatory certainty.
As noted here, the former governor of Texas, Rick Perry, called miners “a major accelerant for job creation and sustainable economic growth in the state,” while current governor Greg Abbott has put out the welcome mat for bitcoin mining companies.
“I think Texas is and will continue to be a mecca for mining in North America,” Edward Evenson, head of business development for Slush Pool and Braiins. “Diverse sources of cheap energy, load balancing programs and friendly regulations ensure it will be a hotspot for bitcoin mining for many years to come.”
Read the complete report at Bitcoin Magazine.