A new Texas Blockchain Council report suggests crypto mining brought 31,000 new jobs to the US

The Bitcoin mining industry has become a significant contributor to job creation in the US, providing thousands of positions both directly and indirectly. A recent report by the Perryman Group, published by the Texas Blockchain Council and The Digital Chamber, highlights the growing impact of this sector. It found that Bitcoin mining has already generated more than 31,000 jobs across the country, with Texas leading the way.

Texas has seen the highest number of new jobs from mining activities, with over 12,200 positions created. The report also noted that Bitcoin mining contributes more than $4.1 billion annually to the country’s GDP. Additionally, mining operations play a role in stabilizing local power grids by acting as a flexible energy consumer, adjusting demand based on supply levels.

The importance of mining infrastructure has been emphasized nationally, particularly following President Trump’s statements regarding the need for the US to dominate the cryptocurrency and AI industries. Both sectors rely on high-performance computing, which requires substantial energy resources. To maintain competitiveness, the administration has discussed expanding energy production, including fossil fuel-based electricity and nuclear power.

Efforts to address the increasing energy demand have led to investments in alternative solutions. Companies in the technology and mining sectors are exploring renewable and nuclear energy sources to power operations. Google, for instance, has partnered with Kairos Power to develop a small-scale nuclear reactor for AI computing, aiming to have it operational by 2030.

These advancements suggest that Bitcoin mining could continue driving job growth while influencing broader energy infrastructure developments in the country.

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