FreeCryptoCurrency.Me

Fort Worth, Texas is getting into the bitcoin mining business, in a push to present the city as a leader in crypto.

Council members unanimously voted in favor of a resolution on Tuesday to accept a donation of three bitcoin mining machines worth $2,100 from the Texas Blockchain Council.

“We have to be on the forefront of what’s possible, especially when it comes to cryptocurrency and innovation across this country,” said Mayor Mattie Parker. “This is a part of the future and many of us have to jump on board.”

The resolution declares Fort Worth a “crypto-friendly” city, looking to welcome and encourage the growth of companies.

“City Council desires for the City to be a local government sector leader and jurisdiction of choice in the Industry by welcoming and encouraging the growth of blockchain and cryptocurrency technology companies in Fort Worth,” reads the resolution.

Before the vote, one person took the microphone to oppose the plan, arguing that the council should not endorse any currency that is not the US dollar and that the council should beware of “strangers bearing gifts.”

The donation is contingent on the machines’ continued use. The resolution stipulates that “if the city permanently terminates its use of the machines for mining Bitcoin” then they would have to be returned. 

The pilot program will be revisited after the first six months, according to the resolution.

The mayor is scheduled to join a Twitter Spaces session titled “Fort Worth Mayor and Bitcoin Mining,” on Tuesday starting at 3:45 PM ET.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.