Fort Worth, Texas, was the first city government in the country to mine Bitcoin on Tuesday, after adopting a measure to accept three Bitcoin mine donations.
Three ASIC Antminer S9 rigs will be installed in Fort Worth City Hall with a $1,100 grant.
According to Fort Worth, the energy consumption of each machine will match the value of a vacuum cleaner.
"We want to transform Fort Worth into a tech-friendly city," Mayor Mattie Parker said. "Today, with the help and partnership of the Texas Blockchain Council, we're moving into this world on a small scale while conveying a big messageFort Worth is where the future begins."
"The City Council recognizes cryptocurrency as a technology with vast implications and potential for innovation, as well as a rapidly evolving ecosystem," the resolution said.
Fort Worth adopted a strategic strategy for innovation and creativity in 2017, which crypto will assist facilitate.
The city plans to revisit the mining program after six months and to assess whether or not it will continue.
Because of poor energy prices and a lack of regulatory hurdles, Texas has become an attractive destination for Bitcoin mining. In April, however, the Electric Reliability Council of Texas began discussing the effects of Bitcoin mining on the electric grid. These months have prompted the decision to start mining projects on the power grid, as ERCOT now requires electric grid approval before undertakings obtain "approval to energize."
