The Future of (Crypto) Mining in Texas
Nearly a year ago, the Texas Senate unanimously approved a bill aimed at eliminating tax incentives and imposing stricter regulations on cryptocurrency mining operations. The bill was never voted on by the Texas House, but rest assured Senate Bill 1751 will be back on the agenda in the future.
Cryptocurrency mining is a critical building block for the future health of the digital asset industry in Texas. We hope the Texas legislature can get it right - and the Crypto Freedom Alliance of Texas stands ready to work with our partners to ensure they do.