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Fort Worth, TX pursues the first municipal Bitcoin mining operation in the United States
Fort Worth, TX Bitcoin Municipal Mining First United States
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The city accepted a gift of three Bitcoin mining rigs from the Texas Blockchain Council. These machines connect to a private server in Fort Worth's climate-controlled data center. Operational costs for around-the-clock mining are offset by Bitcoin converted into cash at preset intervals. City officials evaluated the technology's requirements, security needs, and potential uses during the six-month pilot.
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Fort Worth generated more than $1,000 in profit from the pilot and received international recognition for the innovative project.
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