Wyoming Aiming For 5% Of The U.S. Bitcoin Mining Hashrate By Next Halvening

Wyoming Aiming For 5% Of The U.S. Bitcoin Mining Hashrate By Next Halvening

Wyoming is a potential hotspot for bitcoin mining, with the state’s abundance of natural resources and energy.Wyoming is on a mission to house 5% of the U.S. Bitcoin mining hashrate by the next halvening in May 2024. This goes hand-in-hand with Wyoming’s strengths and aligns well with economic development and job creation goals. For context, Wyoming has the lowest population density in the lower 48 U.S. states at six people per square mile (neighboring Colorado houses 56 people per square mile). Wyoming also has a difficult time retaining recent graduates because their ambitions for....


Related News

Bitcoin Mining Hashrate 30-day MA Is On Brink Of New ATH

On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high. Bitcoin Mining Hashrate (30-Day MA) Has Surged Up Recently As pointed out by an analyst in a CryptoQuant post, the BTC mining hashrate has been moving higher in recent days. The “mining hashrate” is an […]

Bitcoin Mining Hashrate Rebounds As Miners Refuse To Give Up

Data shows the Bitcoin mining hashrate has already rebounded from its latest plunge, suggesting that miners haven’t given up hope just yet. Bitcoin Mining Hashrate Has Surged Back Towards High Levels The “mining hashrate” refers to the total amount of computing power that the miners have attached to the Bitcoin blockchain. This metric can tell […]

Litecoin Mining Hashrate Sets New ATH, Bullish Sign?

Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto […]

Data Shows Bitcoin Mining Hashrate Has Hit Stagnation Recently

Data shows the Bitcoin mining hashrate seems to have hit a phase of stagnation over the past couple of months after riding a continuous uptrend since last July. Bitcoin Mining Hashrate Has Stagnated In The Last Two Months As per the latest weekly report from Arcane Research, the BTC mining hashrate looks to have ended […]

Bitcoin Mining Hashrate Triples In Two Months, Difficulty To Rise 12% Soon

On-chain data reveals Bitcoin mining hashrate has trippled in the past two months. Miners can expect the difficulty to rise 12% soon. Bitcoin Mining Hashrate Is Now 152B GH/s As pointed out by a CryptoQuant post, the mining hashrate of the cryptocurrency continues to recover from the crash. Currently, the metric’s value stands around 152B […]