United

Bitcoin

Billion

Bitcoin mining has become a key driver of economic growth in Rockdale, <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/">Texas</a>, thanks to over $1 bln in investments from <a href="https://ultramining.com/news/en/riot-platforms-to-boost-efficiency-with-midas-immersion-coolings/">Riot</a> Platforms and <a href="https://ultramining.com/news/en/bitdeer-pioneers-crypto-mining-expansion-with-norway-and-bhutan-data-centers/">Bitdeer</a>. These investments have not only strengthened the <a href="https://ultramining.com/news/en/pennsylvania-a-new-hub-for-cryptomining-ignites-environmental-concerns/">United States</a>' position in the global cryptocurrency landscape but also created hundreds of jobs for local residents. 
According to recent reports, Riot Platforms and Bitdeer have significantly expanded their mining operations, installing thousands of new ASIC miners. As a result, the region's total computing power has substantially increased, reaching new record levels. 
These investments have made Rockdale one of the largest bitcoin mining hubs in the world. Experts note that such capital influx not only advances the crypto industry but also leads to a significant economic uplift in the region, increasing tax revenues and reducing unemployment rates.

Riot Platforms and Bitdeer Invest Over $1 Billion in Bitcoin Mining in Rockdale, Texas

Ultramining_Eng

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