SwanBitcoin445X250

Fort Worth, Texas Set To Vote On A Bitcoin Mining Bill Tomorrow

Tomorrow, legislators of Fort Worth, Texas will vote on a bill for bitcoin mining while the City Council will receive three miners from the Texas Blockchain Council.

Tomorrow, legislators of Fort Worth, Texas will vote on a bill for bitcoin mining while the City Council will receive three miners from the Texas Blockchain Council.

  • Fort Worth will vote on a bill intended to strengthen the bitcoin mining industry of Texas tomorrow.
  • The Texas Blockchain Council is set to donate three bitcoin miners to the City Council.
  • The donation will signal the start of a 6-month trial period in which the City Council of Fort Worth will begin mining bitcoin.

Fort Worth, Texas is set to vote on a bill that encourages bitcoin mining technology and sees the City Council receive three bitcoin miners donated from the Texas Blockchain Council, per a report from MSN[1].

The bill seeks to position Fort Worth as “crypto-friendly" and "welcoming to the industry." The city also aims to lure in "businesses contributing to the development of this evolving technology,” according to the report.

The three bitcoin miners being donated are valued at $2,100 each and will be given to the City Council completely free for a six-month pilot period. The machines being donated were not specified in the report, but should the pilot program expire, the bitcoin miners are to be returned to the Texas Blockchain Council.

Earlier this year on February 8, the Texas Blockchain Council officially endorsed[2] pro-bitcoin Governor Greg Abott of Texas for reelection.

Lee Bratcher, President of the Texas Blockchain Council said “Governor Abott understands that over regulation and increased taxation can cripple a growing economy. With his leadership, Texas can continue to be a destination for expanding companies, growing families,

Read more from our friends at Bitcoin Magazine