Kentucky, USA
Kentucky, USA, is also an essential location in the global Bitcoin mining industry. It handles a whopping 18.7% of America’s total hash rate. Kentucky's present governor has implemented laws granting tax exemptions to mining operations, fostering a welcoming environment for the industry. Additionally, the region benefits from sustainable energy resources, including hydroelectric dams and wind turbines, which contribute to its low energy prices—a key factor driving the influx of mining ventures.
The availability of unused industrial spaces and human resources further enhances Kentucky's appeal as a mining hub. According to a post on CoinMarketCap, it hosts seven active mining companies, including enterprises such as Blackcap, which is focused on eco-conscious blockchain infrastructure.