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MCCAMEY, Texas (Reuters) - Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands. | 06:13am
Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry s growth in Texas, according to a top trade group, citing the rise in the miners power
Texas has become a hotspot for Bitcoin mining, with miners consuming around 2,100 megawatts of the state's power supplies, a 75% increase over the previous year. Read more.