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Bitcoin hitting 1 trillion market cap this year inspired some bitcoin operations to expand. Plus, ban on mining in China has triggered a mass exodus, with some mining operations moving their facilities to the United States. The largest in the US currently can be found in Rockland Texas, and is operated by a company called Whinstone US.
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In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. Texas’ Denton Municipal Electric in Talks With Unnamed Crypto Miners On Feb. 16, the Denton Record [...]
The post Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals appeared first on Crypto Breaking News.
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