{"id":2519,"date":"2021-08-17T09:41:15","date_gmt":"2021-08-17T07:41:15","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/08\/17\/why-bitcoin-entrepreneurs-are-flocking-to-rural-texas\/"},"modified":"2021-08-17T09:41:15","modified_gmt":"2021-08-17T07:41:15","slug":"why-bitcoin-entrepreneurs-are-flocking-to-rural-texas","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/08\/17\/why-bitcoin-entrepreneurs-are-flocking-to-rural-texas\/","title":{"rendered":"Why bitcoin entrepreneurs are flocking to rural Texas"},"content":{"rendered":"<p>Mining cryptocurrency requires lots of cheap energy and many miners have settled on Texas as their destination<\/p>\n<p>In the middle of rural Texas, a cryptocurrency mine is currently under construction.<\/p>\n<p>Hundreds of machines more powerful than the average computer will soon be housed in this 320-acre mining facility in Dickens county, where they will work day and night to solve a complex series of algorithms. If successful, the reward will be newly minted bitcoin, currently worth about $44,000 each.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/aug\/17\/bitcoin-cryptocurrency-mining-texas\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/f44434624752c0844ffd65649394276dca9de43d\/0_141_3543_2127\/master\/3543.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=2fefd94fa9d8341c22bdf7a4269a1481\" title=\"Why bitcoin entrepreneurs are flocking to rural Texas\" \/>Mining cryptocurrency requires lots of cheap energy and many miners have settled on Texas as their destination<br \/>\nIn the middle of rural Texas, a cryptocurrency mine is currently under construction.<br \/>\nHundreds of machines more powerful than the average computer will soon be housed in this 320-acre mining facility in Dickens county, where they will work day and night to solve a complex series of algorithms. If successful, the reward will be newly minted bitcoin, currently worth about $44,000 each. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining cryptocurrency requires lots of cheap energy and many miners have settled on Texas as their destination In the middle of rural Texas, a cryptocurrency mine is currently under construction. Hundreds of machines more powerful than the average computer will soon be housed in this 320-acre mining facility in Dickens county, where they will work &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/08\/17\/why-bitcoin-entrepreneurs-are-flocking-to-rural-texas\/\"> <span class=\"screen-reader-text\">Why bitcoin entrepreneurs are flocking to rural Texas<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":2520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2519"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=2519"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/2520"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=2519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=2519"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=2519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}