Here's Why Texas is Expected to Become Biggest Bitcoin (BTC) Mining Hub

China’s crypto crackdown policies starting in May this year saw it lose the biggest mining hub status within two months. At the start of May, China’s share in the Bitcoin (BTC) mining network was over 60%, but with strict regulatory policy and a total ban on BTC mining saw that share fall to near zero by the end of July. As per the latest report, China’s Yunnan province recently stated it has completely eradicated BTC mining and saved 2 billion kilowatt-hours of electricity in the process.

China’s Yunnan Province stated that it has completely eliminated illegal use of hydropower stations for Bitcoin mining, saving 2 billion kilowatt-hours of electricity. https://t.co/550bgoAXRk

— Wu Blockchain (@WuBlockchain) December 12, 2021

China’s loss has turned into a great opportunity for countries like the US, Kazakhstan, and Russia, which saw an influx of Chinese mining farms in the wake of the crypto mining ban. The US became the leading Bitcoin mining contributor and the state of Texas has become the new mining hub.

A Bloomberg report has indicated that a large number of miners are expected to makeshift to Texas in the coming two years time. The primary reason for Texas to become a growing mining hub is the availability of cheap electricity and favorable regulations. The surge in demand for mining could see an increase of 5,000 MW.

Texas

China’s loss Has Turned World’s Gain

China’s dominance in crypto mining was often seen as a threat by many experts, given the country’s strict policies against the crypto market. So when the crypto crackdown resulted in one of the biggest miner migration, may saw it as a big win. The Bitcoin network mining hashrate plunged by nearly 50% in the wake of the Chinese ban, but has recovered quickly since then and hit a new mining difficulty high.

The growth of Texas as a Bitcoin mining hub has also led to concerns about power shortages and blackouts as observed in Iran and Kazakhstan. But local administration is confident of making proper arrangements to accommodate new demand.

“Texas has been very business friendly and Ercot is one of the largest deregulated energy grids in the world,” said one of the miners.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.