Why Shouldn’t the Navajo Mine Bitcoin?

Why Shouldn’t the Navajo Mine Bitcoin?
Navajo Nation is prime bitcoin mining country.While Texas and Wyoming have taken the limelight since China’s bitcoin mining ban, the groundwork for bitcoin mining is already present in the American Southwest. It’s a good match, too: Bitcoin mining incentivizes healthy economic growth the Four Corners region has desperately needed for generations.In 2017, West Block, a firm from Calgary, Alberta, approached the Navajo about building a mining center on Navajo land. Earlier this year, the Canadian firm broke ground on an extension of the mine to double in size to 15 megawatts (MW). Using energy sources from the area, the mine…