Mined in America: A State-by-State Guide to Bitcoin Mining in the US

There are currently 34 large-scale Bitcoin mines operating in the United States, according to the Times.

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The US mining companies, each consumes at least 3,900 megawatts of electricity or at least 30,000 times the amount used by the typical US home.

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There have been massive calls for regulation in the US, and several states are at different legal stages in a bid to regulate mining operations.

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Arkansas joined Montana among others, this year in proposing bills to regulate Bitcoin mining and provide legal protections to miners and their operations.

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A tremendous amount of power is needed to start and make money from Bitcoin mining.

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Despite federal regulators like the Securities and Exchange Commission (SEC), which has fined and sued companies operating cryptocurrency exchanges, the U.S. state of Arkansas joined Montana, Texas and New York, among others, this year in proposing several bills.

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