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Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy

Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure left by Alcoa, an aluminum plant that closed in 2008 due to rising energy costs and regulations. […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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