According to Foundry USA's latest Hashrate Map, Texas accounts for more than 28% of all Bitcoin hashing power in the United States. Georgia, New York, and New Hampshire follow with 9.64%, 8.75%, and 5.33% hash rates, respectively. Texas has become a hub for crypto mining due to its cheaper energy and welcoming regulatory framework, with large mining operations moving to the state following China's crackdown on crypto mining in 2021.
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Texas accounts for over 28% of all Bitcoin mining in the US, says latest hashrate map
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