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The Economist
The Economist
27 Aug 2024


NextImg:Why Texas Republicans are souring on crypto
United States | Bitcon?

Why Texas Republicans are souring on crypto

Playing the state’s energy market has become more profitable than mining bitcoin

|ROCKDALE, TEXAS

Cryptocurrency is now campaign talk, thanks to Donald Trump. Last month, in their party platform, Republicans announced plans to bring an end to the “unAmerican crypto crackdown” and pledged to “defend the right to mine Bitcoin”. At a bitcoin conference in Nashville days later, the biggest such get-together in the world, Mr Trump vowed to make America the “crypto capital of the planet”.

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