The city of Fort Worth, Texas, has officially begun Bitcoin mining, becoming the first city in the U.S. to do so by installing three mining rigs at City Hall.
Bitcoin Mining Initiative in Fort Worth
Fort Worth is the first city in the U.S. to officially mine Bitcoin. Three mining machines have been installed at Fort Worth City Hall, operating 24 hours a day for six months as part of a pilot program.
Partnership with Texas Blockchain Council
The mining initiative was launched in partnership with the Texas Blockchain Council, which donated three Bitmain Antminer S9 machines to the city. These older models are not expected to generate large profits, but they provide a low-cost way to test the waters.
Implications for Other Cities
Fort Worth's decision may serve as a pathway for other U.S. cities interested in exploring cryptocurrency. The success or failure of the program may influence future decisions in municipalities across the country.
Bitcoin mining in Fort Worth may open new opportunities for U.S. cities in the realm of cryptocurrency and innovative technologies, especially in light of the growing popularity of digital assets.
