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Bitcoin Miners Flock to Georgia as China’s Ban Spurs a U.S. Boom

Feb. 7, 2022, 12:00 PM

When Bitcoin miner CleanSpark Inc. bought a data center in the Atlanta suburb of College Park, the company had a problem: It wanted to switch to a cheaper, greener power provider but Georgia law wouldn’t let them. Enter the head of the state’s power board, who stepped in last year and approved a plan under which the old data center would continue buying power from a big utility, while 15,000 mining machines on the same piece of land would be allowed to buy cleaner power sold by a non-profit generation organization at about half the price.

“At the end of the day, Georgia wants this ...