Bitcoin miners beef up Texas operations ahead of extinction-level event, exclusive data shows
Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.
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Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.
From an ATH of 249 exahash per second, the Bitcoin hash rate drops more than 30% amidst market uncertainties.
Public bitcoin mining firms based in North America are holding more than 20,000 bitcoin, wroth more than $1.1 billion.
New York state and Texas account for more than 37% of the hash rate in the USA, according to Foundry USA.
There is a war brewing among states to attract bitcoin miners, and new data shows that a whole lot of them are headed to New York, Kentucky, Georgia, and Texas.