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 —777 actions across 49 states, sourced from public records. For the full interactive map and time-lapse, see the data center moratoriums tracker.

Michigan86 actions Ohio64 actions · 4 operators North Carolina50 actions · 4 operators Georgia41 actions · 3 operators California34 actions Florida33 actions New Jersey30 actions · 1 operator Kentucky28 actions · 5 operators Virginia27 actions Wisconsin26 actions Indiana23 actions Tennessee21 actions · 3 operators Illinois21 actions · 1 operator New York20 actions · 5 operators Colorado18 actions Minnesota18 actions Pennsylvania16 actions · 3 operators Washington15 actions · 2 operators Missouri15 actions · 1 operator Alabama14 actions · 4 operators Maryland14 actions · 1 operator Texas13 actions · 16 operators Iowa13 actions · 2 operators Kansas13 actions · 1 operator Maine12 actions Oklahoma10 actions · 3 operators Nebraska10 actions · 1 operator Massachusetts10 actions Arkansas9 actions Oregon8 actions Arizona6 actions Connecticut6 actions South Carolina6 actions Utah6 actions North Dakota5 actions · 3 operators South Dakota4 actions · 1 operator Idaho4 actions Nevada4 actions New Mexico4 actions Louisiana3 actions · 2 operators Delaware3 actions Rhode Island3 actions Vermont3 actions Mississippi2 actions · 2 operators Wyoming2 actions · 1 operator Alaska2 actions 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 (now DarkHorse Technologies). Speaker at The Bitcoin Conference, the MIT Bitcoin Expo, and the Nashville Bitcoin Mining & Energy Summit.