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

Adekunle Joshua

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

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.

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.

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

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

While Bitcoin mining is a profitable enterprise on its own, the energy costs and carbon footprint of these operations can be devastating

The USA has become the world’s Bitcoin mining superpower