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 —734 actions across 49 states, sourced from public records. For the full interactive map and time-lapse, see the data center moratoriums tracker.
Michigan82 actionsOhio60 actions · 4 operatorsNorth Carolina49 actions · 4 operatorsGeorgia41 actions · 3 operatorsCalifornia30 actionsNew Jersey29 actions · 1 operatorFlorida29 actionsKentucky27 actions · 5 operatorsVirginia27 actionsWisconsin25 actionsIndiana21 actionsTennessee20 actions · 3 operatorsIllinois19 actions · 1 operatorNew York18 actions · 5 operatorsMinnesota18 actionsColorado16 actionsWashington15 actions · 2 operatorsAlabama14 actions · 3 operatorsPennsylvania14 actions · 3 operatorsMaryland14 actions · 1 operatorTexas13 actions · 17 operatorsMissouri13 actions · 1 operatorIowa12 actions · 2 operatorsKansas12 actions · 1 operatorMaine12 actionsOklahoma10 actions · 3 operatorsNebraska10 actions · 1 operatorMassachusetts10 actionsArkansas9 actionsOregon7 actionsSouth Carolina6 actionsUtah6 actionsArizona5 actionsNorth Dakota4 actions · 3 operatorsSouth Dakota4 actions · 2 operatorsIdaho4 actionsNevada4 actionsConnecticut3 actionsDelaware3 actionsNew Mexico3 actionsRhode Island3 actionsVermont3 actionsMississippi2 actions · 2 operatorsLouisiana2 actions · 1 operatorWyoming2 actions · 1 operatorAlaska2 actionsMontana1 actionNew Hampshire1 actionWest 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.