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Lately, we’ve been exploring cryptocurrency mining, the energy-intensive — and potentially quite lucrative – computing process that produces currencies like bitcoin. Up until last summer, China led the world in crypto mining — thanks in part to its hydroelectric infrastructure. Then the Chinese government cracked down on crypto and many mining companies moved to wherever they could find cheap power, like Kazakhstan, Iran, and … Texas. The U.S. now leads the world in crypto mining. Marketplace’s Kimberly Adams speaks with reporter colleague Andy Uhler, who recently visited the small town of Rockdale, Texas, which attracted the attention of Chinese crypto miners, even before the ban.
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By Marketplace4.5
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Lately, we’ve been exploring cryptocurrency mining, the energy-intensive — and potentially quite lucrative – computing process that produces currencies like bitcoin. Up until last summer, China led the world in crypto mining — thanks in part to its hydroelectric infrastructure. Then the Chinese government cracked down on crypto and many mining companies moved to wherever they could find cheap power, like Kazakhstan, Iran, and … Texas. The U.S. now leads the world in crypto mining. Marketplace’s Kimberly Adams speaks with reporter colleague Andy Uhler, who recently visited the small town of Rockdale, Texas, which attracted the attention of Chinese crypto miners, even before the ban.
Keep independent journalism going strong. Give today to support “Marketplace Tech.”

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