The city of Forth Worth, Texas has become the first municipality in the United States to mine Bitcoin.
Fort Worth, Texas is the first city in the United States to mine Bitcoin.
The city council approved a resolution to start running three Antminer S9 Bitcoin (BTC) miners donated by the Texas Blockchain Council in the city hall building.
“We want to transform Fort Worth into a tech-friendly city,” said Parker, Mayor of Fort Worth. As Bitcoin becomes more popular, it is likely that other city governments will follow suit and begin mining the cryptocurrency as well.
To get a sense of how much energy is required to mine Bitcoin, the city of Fort Worth has set up three mining rigs in its public vacant lot. The idea behind this experiment is that over six months they can monitor performance and familiarize themselves with bitcoin-mining processes while also learning more about what it takes on both ends – from individual miner’s perspectives as well at City Hall’s side when managing such an undertaking
Fort Worth, the 5th largest city in Texas
The city is located in the north-central part of the state and is the county seat of Tarrant County. With a population of almost 874,000, it is the fifth-largest city in Texas and the 13th-largest in the United States.
The city is home to many large businesses, including American Airlines, Lockheed Martin, and General Motors. It is also a major center for the oil and gas industry.
it’s also known for its cowboy culture and Western heritage. It hosts numerous events throughout the year, including the Fort Worth Stock Show and Rodeo, one of the largest rodeos in the country.
The city also has a thriving arts scene and is home to the Kimbell Art Museum and the Bass Performance Hall. Fort Worth is a vibrant and thriving city with much to offer its residents and visitors alike.
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The article’s writer Noah Jones did not hold any positions in assets or companies mentioned in this article on the date of publication. His opinions are articulated herein, and the reader accepts that some opinions could change as a result of newer information being revealed.
He has over 7 years of experience in crypto trading.
noahjones@crypto.auz.net
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