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Mining Cryptonews

Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report

The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023. According to data from Foundry, the largest mining pool in North America and the fifth-...

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

Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report
The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023.
According to data from Foundry, the largest mining pool in North America and the fifth-largest globally, Texas has positioned itself as the “crypto capital” in the U.S., as the country leads in terms of its share of the collective hashrate of the Bitcoin (BTC) network....
Read More: Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report

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

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