Why Texas Republicans are souring on crypto
Playing the state’s energy market has become more profitable than mining bitcoin
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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This article appeared in the United States section of the print edition under the headline “Power hungry”
United States August 31st 2024
From the August 31st 2024 edition
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