Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

Am Dienstag, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor.

The City of Fort Worth Begins to Mine Bitcoins 24/7 With 3 ASIC Machines

Starting today, the city of Fort Worth in Texas is now mining bitcoin 24/7 at the climate-controlled Information Technology Solutions Department Data Center located at Fort Worth City Hall. The news was announced by the city government and mayor Mattie Parker. The Fort Worth government representatives explained that the miners will be hosted privately in order to curb security vulnerabilities.

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

Fort Worth said the Bitmain-brand S9 bitcoin mining machines were donated by the nonprofit association, the Texas Blockchain Council. Three ASIC rigs were donated by the Texas Blockchain Council and if the cityachieves the goals of responsibly assessing and executing a municipal bitcoin mining program,” it plans toevaluate the programafterward.

With blockchain technology and cryptocurrency revolutionizing the financial landscape, we want to transform Fort Worth into a tech-friendly cityParker explained in a statement sent to krakow3d.com News. “Today, with the support and partnership of Texas Blockchain Council, wir’re stepping into that world on a small scale while sending a big messageFort Worth is where the future begins.

Fort Worths mayor added:

These small but powerful machines mark Fort Worths larger commitment to becoming a leading hub for technology and innovation.

Fort Worth’S 3 ASICs Will Use the Same Amount of Energy as a Household Vacuum Cleaner

Fort Worths move comes at a time when UNS. bureaucrats and regulators have been concerned about bitcoin mining and some politicians have drafted bills (NY-A.7389C / S.6486C.) to impose a moratorium on mining. Amid the scrutiny, the crypto mining industry has become far more efficient and has had a lot less impact on the environment during the last 12 Monate.

A recently published report written by the Bitcoin Mining Council shows that Bitcoins electrical consumption during the first quarter of Q1 dropped 25%. Based on the research done by the city of Forth Worth, the three machines will use thesame amount of energy as a household vacuum cleaner.

The nominal amount of energy needed for the program is expected to be offset by the value of bitcoin mined,” the Fort Worth announcement explains. “Keeping the pilot program small enables the city to learn the potential impact and opportunities for bitcoin,” the city added. Robert Sturns, Fort Worths director of economic development detailed that Texas is a pioneer when it comes to cryptocurrency and blockchain solutions.

Texas is increasingly being recognized as the global leader in Bitcoin and blockchain, and Fort Worth will have a seat at that table,” Sturns remarked during the announcement. “The pioneering spirit is alive and well in Fort Worth, and with this program, we will attract dynamic companies that share in this vision for the future.

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