{"id":60710,"date":"2022-04-27T18:18:43","date_gmt":"2022-04-27T15:18:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60710"},"modified":"2025-09-05T04:54:10","modified_gmt":"2025-09-05T01:54:10","slug":"fort-worth-texas-becomes-the-first-city-in-the-united-states-to-mine-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fort-worth-texas-becomes-the-first-city-in-the-united-states-to-mine-bitcoin\/","title":{"rendered":"Fort Worth, Texas, becomes the first city in the United States to mine Bitcoin"},"content":{"rendered":"

Fort Worth, Texas, becomes the first city in the United States to mine Bitcoin, on the initiative of millennial mayor Mattie Parker, according to CNBC<\/a>.<\/p>\n

A mining operation consisting of three Antminer S9 miners from Bitmain was installed in the mayor’s office IT department. For security, the devices are connected to a private network.<\/p>\n

\\\"Fort
Mattie Parker and the mining farm in the mayor’s office. Data: CNBC.<\/figcaption><\/figure>\n

Mining cryptocurrency requires a large amount of electricity and technical staff to maintain. Therefore, according to the mayor, the project began as a small pilot.<\/p>\n

Parker noted that it would not yield significant revenue, but the cost of the electricity consumed could be offset.<\/p>\n

In addition to acquiring digital assets for the city\u2019s balance sheet, the use of Bitcoin is intended to raise Fort Worth\u2019s profile.<\/p>\n

\n

\u201cRegarding Fort Worth \u2014 many people do not know who we are. We want to change that, and we believe that technological innovations, including cryptocurrency, are a way to do it,\u201d Parker said.<\/p>\n<\/blockquote>\n

Partners in the project included the Texas Blockchain Council, an industry association, and the mining-pool operator Luxor Technologies. The former donated three S9s, each worth about $600.<\/p>\n

The mayor has held office for about a year. She said that discussions with fellow venture-capitalists prompted the Bitcoin mining idea. They noted that 80% of capital goes into technology, and cryptocurrencies are now at the heart of this.<\/p>\n

\n

\u201cWe are the fastest-growing city in the country. There is a lot of momentum around North Texas and Fort Worth in particular. To keep that energy up, we need to promote ourselves in various ways. We believe cryptocurrency is a huge part of our future economy,\u201d the mayor said.<\/p>\n<\/blockquote>\n

After six months of the mining pilot, Fort Worth will decide whether to invest real funds in building a farm.<\/p>\n

In March, Texas congressman Pete Sessions expressed the view<\/a> that Bitcoin mining could play a \u201ckey role\u201d in ensuring the country\u2019s energy independence. The state already hosts or is building data centers for a number of industry players, including Compute North<\/a>, Iris Energy<\/a>, Core Scientific<\/a> and Marathon Digital<\/a>.<\/p>\n

Earlier this year, the commune of Sarodino in Argentina’s Santa Fe province decided to resort to mining<\/a> to overcome financial difficulties. Local authorities expect monthly income of $500-$600.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fort Worth, Texas, became the first city in the United States to mine Bitcoin on the initiative of millennial mayor Mattie Parker, according to CNBC.<\/p>\n","protected":false},"author":1,"featured_media":60711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,26],"class_list":["post-60710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=60710"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60710\/revisions"}],"predecessor-version":[{"id":60712,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60710\/revisions\/60712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/60711"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=60710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=60710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=60710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}