Texas Leads US in Bitcoin Mining Job Creation, Generating $4.1 Billion in GDP Annually

A recent study by the Perryman Group, published by the Texas Blockchain Council and The Digital Chamber, reveals that 12 US states are the primary hubs for Bitcoin mining. Texas leads the nation, creating over 12,200 jobs directly related to Bitcoin mining and its supporting industries. The report, released recently, also highlights that these mining activities contribute over $4.1 billion to the US gross domestic product annually. This infrastructure supports local energy utility by balancing the electrical grid. These findings align with statements made by then-candidate Trump during the 2024 presidential campaign, emphasizing the importance of US dominance in mining and AI, viewing them as national security imperatives. Trump advocated for increased energy production, potentially through fossil fuels and nuclear power, to support these high-performance computing sectors. In October 2024, Google partnered with Kairos Power to develop small-scale nuclear reactors for AI operations, aiming for completion by 2030, reflecting the growing need for alternative energy solutions in the tech and mining sectors.