Why Texas & Wyoming Are the Best US States for Mining in 2026
Location Is Everything in Professional Mining
When we chose where to build our US hosting facilities, the decision came down to three factors: electricity cost, regulatory environment, and grid reliability. Texas and Wyoming won on all three.
Texas: The Bitcoin Capital of the United States
Electricity Cost
Texas operates on its own independent power grid (ERCOT), allowing direct energy market participation. Large industrial customers can access wholesale electricity rates far below the national average. Our Dallas facility operates at $0.065/kWh — half the US commercial average.
Regulatory Environment
Texas has been actively welcoming to crypto mining. Governor Abbott publicly supported Bitcoin mining in 2021. The Texas legislature has consistently resisted restrictive mining regulations. Miners operate freely with no special state-level cryptocurrency licensing requirements.
Grid Flexibility — An Extra Revenue Stream
Texas miners can participate in demand response programs — voluntarily reducing power consumption during grid stress in exchange for payments. This creates an additional revenue stream that partially offsets hosting costs.
- Our Dallas facility: 20 MW capacity | Air + Hydro cooling | $0.065/kWh | Min. 5 units
Wyoming: The Crypto-Friendly Frontier
Legal Framework
- Wyoming recognized DAOs as legal entities (2021)
- No state income tax — meaningful for mining businesses
- Special Purpose Depository Institutions for crypto-native banking
- Clear property rights for digital assets under Wyoming law
Energy Profile
Wyoming has abundant access to low-cost energy from coal, natural gas, and growing wind resources. Sparse population means minimal competition for industrial power capacity.
- Our Cheyenne facility: 10 MW capacity | Air cooling | $0.07/kWh | Min. 5 units
Why Not Other States?
| State | Situation |
|---|---|
| New York | Moratorium on new PoW mining since 2022. Not viable. |
| California | High electricity ($0.20+/kWh) and unfavorable regulatory trends. |
| Kentucky | Low electricity but limited large-scale hosting infrastructure. |
| Montana | Emerging, but limited infrastructure vs. TX/WY. |
The Math: Why Location Matters as Much as Hardware
The difference between hosting in Texas at $0.065/kWh versus a less favorable location at $0.12/kWh:
- Antminer Z15 Pro: $4.70/day difference = $1,715/year per machine
- 10 machines: $17,150/year from location choice alone
- 50 machines: $85,750/year
Location is not a minor operational detail — it’s one of the three most important decisions a professional miner makes.
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