Bitcoin generator moving to Corpus Christi

The council made way for the new industry at the meeting by de-annexing 75.6 acres of land in the city limits and moving it into Industrial District 2.

Opposition centered around the enormous amount of electricity used to generate bitcoin, climate problems with emissions, e-waste, and the potential threat to investors.

Once the project is up and running, the income is expected to be close to $4.5 million a year with a significant increase in dollars to the Tuloso-Midway Independent School District.

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