The Perryman Group has published a new study revealing that Bitcoin mining has contributed to the creation of 31,000 new jobs in the U.S. economy.
Texas Leads the Way
According to experts, Bitcoin mining activity is concentrated in twelve states, with Texas emerging as the industry leader. The state has generated over 12,200 jobs, not only directly in mining operations but also in related industries. In addition to job creation, mining companies provide significant tax contributions, strengthening local economies.
Trump’s Influence on the Mining Boom
The recent expansion of the mining sector has been fueled by statements from former President Donald Trump, who has repeatedly emphasized the need for the U.S. to dominate the Bitcoin mining industry. Trump has also pushed for the U.S. to become the “crypto capital of the world” and a leader in artificial intelligence, highlighting their importance for national security.
Innovation in Energy Usage
With mining requiring massive energy consumption, companies have been exploring alternative energy sources to sustain operations. This includes the potential use of small modular nuclear reactors, enabling further expansion of mining activities across the country.
The findings from the Perryman Group highlight how Bitcoin mining is not only shaping the future of digital finance but also driving real economic growth in the U.S.