Bitcoin mining company Hut 8 plans to develop four new mining sites across Texas, Louisiana, and Illinois, increasing its capacity by 1.5 gigawatts. This expansion aims to enhance the company's presence in the market and targets areas with significant energy demands. Currently, U.S. miners hold a substantial 75.4% of the global hash rate. The new facilities are designed for energy-intensive tasks, including high-performance computing and Bitcoin mining, while also providing energy for the artificial intelligence sector. Hut 8 operates across the U.S. and Canada, with most facilities in Texas, where Bitcoin mining regulations are evolving. Louisiana has recently supported Bitcoin miners in industrial sectors, promoting economic growth, and Illinois has seen growth in Bitcoin facilities without specific regulations. As the industry shifts, Hut 8's expansion reflects the ongoing developments within the U.S. Bitcoin mining landscape.

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