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Revealed on November 02, 2022
The Metropolis of Fort Value’s latest foray into the cryptocurrency trade may pay in spades in attracting expertise companies right here.
Fort Value was the primary U.S. metropolis authorities to mine Bitcoin. A six-month pilot program launched Aug. 26, 2022, netted $1,019.31, after electrical energy prices.
Carlo Capua, the Metropolis’s chief of technique and innovation, advised the Metropolis Council Tuesday that mining Bitcoin was by no means concerning the revenue, however extra about Fort Value turning into a frontrunner within the cryptocurrency trade and different expertise innovation.
Already, firms in California, Massachusetts, Maryland and New Jersey have change into curious about Fort Value after listening to concerning the Metropolis’s latest pilot program, Capua stated.
“Fort Value will not be afraid to be an modern metropolis,” Capua stated. “We tallied almost 753,000,000 media impressions from this venture, which has now branded our metropolis as modern on a world scale. It is sensible that high-tech firms need to do enterprise in a tech-friendly metropolis.”
Capua stated Fort Value will proceed its mining program and studying about cryptocurrency, utilizing it as a platform for different innovation occurring within the Metropolis.
“The Bitcoin story brings them to our entrance porch,” Capua stated. “Then, we will share different issues taking place in our metropolis, such because the Nationwide Juneteenth Museum and the Texas A&M Analysis Middle.”
The Texas Blockchain Council, a nonprofit trade affiliation that donated the mining machine to Fort Value, is permitting the Metropolis to maintain it. It’s housed within the Metropolis’s knowledge heart.
Fort Value Mayor Mattie Parker was interviewed extensively concerning the pilot program. The information made it into publications worldwide, together with as far-off as Malaysia.
Photograph: Mayor Mattie Parker poses with the startup Bitcoin mining machines positioned within the Metropolis’s knowledge heart.
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