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Cryptocurrency: Texas emerges a winner in the ‘great mining migration’ | Video

China has long been home to more than half of the world’s bitcoin miners, but after a government crackdown, many of them are finding a new home in Texas. Thanks to its cheap energy and favourable laws, the US state is fast becoming the new cryptocurrency capital of the world. Kate Fisher reports on what some are dubbing “the great mining migration”.

Cryptocurrency: Texas emerges a winner in the ‘great mining migration’ | Video

31 Aug 2021 12:26am

China has long been home to more than half of the world’s bitcoin miners, but after a government crackdown, many of them are finding a new home in Texas. Thanks to its cheap energy and favourable laws, the US state is fast becoming the new cryptocurrency capital of the world. Kate Fisher reports on what some are dubbing “the great mining migration”.

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