Bitcoin Mining: A New Solution for Affordable Housing
Housing is becoming increasingly expensive for the average person, even in Texas.
Land is not the limiting factor when it comes to building communities and cities. Instead, the preference of where people want to live is dictated by the economy. The digital economy has opened up opportunities for people to work from anywhere, meaning that energy companies and developers are now able to build out in areas that are not currently populated. Bitcoin miners provide an opportunity for energy companies and developers to collaborate, as the miners are willing to make the upfront investment for energy and the energy companies can provide lower energy costs. This opens up the ability for cities to be built in areas with cheaper energy costs and incentives can be provided by local council members to attract developers.
All of this reimagines the way cities are built, and opens up new opportunities.
0:01:17 Exploring the Impact of Bitcoin Mining on Urban Development in Texas
0:05:26 Exploring the Potential of Bitcoin-Friendly Towns
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