Texas Bitcoin Miners Seek Cheap Power, Land and a Place to Stay
Cryptocurrency miners that set up shop in remote parts of Texas are coming up with creative solutions to cope with the lack of housing.
Cryptocurrency miners are building facilities in areas with hardly any housing.
Photographer: Jordan Vonderhaar/BloombergBitcoin mining company Argo Blockchain Plc posted an unusual job opening a few months back: It needed a housekeeper in rural Texas to clean and maintain a five-bedroom home.
Companies like Argo, which mine coins by building giant computer arrays to solve complex math puzzles, are more used to staffing up with technicians and electrical engineers. But like other cryptocurrency miners that have descended on remote parts of Texas to feast on cheap electricity and inexpensive land, it found itself surrounded by dusty fields with hardly any residential housing.