The state of Indiana is committed to providing stable, low-cost power to attract data centers and cryptocurrency miners. This initiative aims to transform Indiana into a major hub for these industries, offering significant economic benefits.
Support for energy infrastructure
Indiana lawmakers are assuring large companies such as Meta, Amazon, Google and Microsoft, as well as cryptocurrency miners, of an abundant supply of energy and water. This promise is crucial to attracting massive investment to the state.
Conversion of old installations
Companies like AboutBit are transforming aging power plants into sustainable, liquid-cooled cryptocurrency mining facilities. This initiative shows how Indiana is reusing its infrastructure to meet modern needs.
Energy consumption of Bitcoin miners
In 2024, Bitcoin miners in the USA spent around $2.7 billion on electricity. Indiana is positioning itself to provide this energy reliably and economically, attracting more miners to the region.
Conclusion
Indiana's initiative to provide uninterrupted, low-cost power could transform the state into a hub for cryptocurrency miners and data centers, boosting the local and national economy.
