Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.
Indiana lawmakers have assured mega-corporations of “ample amounts” of low-cost power and water, hoping to attract and serve data centers and cryptocurrency mining operations in the region.
Large companies like Meta, Amazon, Google, and Microsoft, along with the cryptocurrency mining firm AboutBit, have either invested or plan to invest in building their facilities in the state.
While Indiana provides financial incentives to organizations, AboutBit and other cryptocurrency miners are not eligible for these state programs.