The Economic Benefits of Bitcoin Mining to the United States and Top States

Report Published on January 27, 2024

Once a novelty, digital assets such as cryptocurrencies have now emerged as a trillion-dollar industry. Although companies in the industry engage in a variety of activities, Bitcoin mining remains a primary function for most of the largest market participants. These enterprises serve as important employers and taxpayers in their local communities, which are often relatively small and rural, as well as providing peripheral benefits to the areas in which they operate. They also support the utility sector.

• Tags:
• impact analysis,
• blockchain,
• bitcoin