A Perryman Group report that Bitcoin mining operations support local communities through tax revenue, job opportunities, and load balancing for power grids

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A Perryman Group report that Bitcoin mining operations support local communities through tax revenue, job opportunities, and load balancing for power grids

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The report also found that mining activities generated more than $4.1 billion in gross domestic product annually and supported local energy utility infrastructure by acting as a load-balancing resource for the electrical grid.
"Bitcoin mining companies serve as important employers and taxpayers in their local communities," the report on US Bitcoin mining read.
These numbers further reinforce bitcoin mining’s role in grid stability, economic growth, and energy innovation.

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