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Crypto: Texas, a Bitcoin Mining Hub

by Paul Ebeling
written by Paul Ebeling

#crypto #mining #bitcoin #Texas

$BTCUSD

“Now there is lots of bitcoin mining equipment in transit from China to Texas, as Texas Governor Abbott makes courting the bitcoin industry a pinnacle part of his re-election campaign in Y 2022— Paul Ebeling

Overall, Texans are looking to pick up on China’s misgivings, as the Chinese government forces bitcoin mining operations to relocate or go underground, thus ensuring that Texas will have a major role to play in the cryptocurrency industry.

By the end of March, we expect lots bitcoin mining machines operating in Texas. As, there are 27 local bitcoin mining companies tallied by the Texas Blockchain Council.

Texas politicians are pro-bitcoin. Republican Senator Ted Cruz said in October 2021 that bitcoin mining could help “strengthen our energy infrastructure.”

Texas will be the bitcoin capital of the world in the next 2 yrs.

Have a prosperous week, Keep the Faith!

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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