Data center political & regulatory risk by state

Which publicly-traded bitcoin miners and neoclouds are exposed to data center siting risk, and where. Each state ties the operators with sites there to the local moratoriums, restrictive-zoning ordinances, and siting actions affecting them —676 actions across 49 states, sourced from public records. For the full interactive map and time-lapse, see the data center moratoriums tracker.

Michigan78 actions Ohio55 actions · 4 operators North Carolina45 actions · 4 operators Georgia37 actions · 3 operators New Jersey28 actions · 1 operator Virginia27 actions Florida26 actions Kentucky25 actions · 5 operators Wisconsin25 actions California24 actions Tennessee19 actions · 3 operators Indiana18 actions Illinois17 actions · 1 operator Minnesota17 actions New York16 actions · 5 operators Texas13 actions · 17 operators Alabama13 actions · 3 operators Washington13 actions · 2 operators Maryland13 actions · 1 operator Missouri13 actions · 1 operator Colorado13 actions Kansas12 actions · 1 operator Iowa11 actions · 3 operators Pennsylvania11 actions · 3 operators Maine11 actions Oklahoma9 actions · 3 operators Nebraska9 actions · 1 operator Arkansas9 actions Massachusetts8 actions Oregon6 actions South Carolina6 actions Utah6 actions Arizona5 actions North Dakota4 actions · 3 operators South Dakota4 actions · 2 operators Nevada4 actions Connecticut3 actions Idaho3 actions New Mexico3 actions Rhode Island3 actions Vermont3 actions Mississippi2 actions · 2 operators Louisiana2 actions · 1 operator Wyoming2 actions · 1 operator Delaware2 actions Alaska1 action Montana1 action New Hampshire1 action West Virginia1 operator

Built by an analyst who covered these names: for the desk that trades them

Wells Fargo SecuritiesInvestment Banking AnalystGalaxy DigitalVP of Mining · led mining researchSecond Gate AdvisoryCo-Founder · boutique BTC-mining advisory

Through Second Gate Advisory, advised Bitdeer, Compass Mining, and Sphere 3D. Speaker at The Bitcoin Conference, the MIT Bitcoin Expo, and the Nashville Bitcoin Mining & Energy Summit.