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 —655 actions across 48 states, sourced from public records. For the full interactive map and time-lapse, see the data center moratoriums tracker.
Michigan78 actionsOhio53 actions · 4 operatorsNorth Carolina42 actions · 3 operatorsGeorgia37 actions · 3 operatorsNew Jersey27 actions · 1 operatorVirginia27 actionsKentucky25 actions · 5 operatorsFlorida25 actionsWisconsin22 actionsCalifornia20 actionsTennessee19 actions · 3 operatorsIllinois17 actions · 1 operatorIndiana17 actionsMinnesota17 actionsNew York16 actions · 5 operatorsAlabama13 actions · 3 operatorsWashington13 actions · 2 operatorsMaryland13 actions · 1 operatorMissouri13 actions · 1 operatorTexas12 actions · 14 operatorsColorado12 actionsIowa11 actions · 3 operatorsKansas11 actions · 1 operatorPennsylvania10 actions · 3 operatorsMaine10 actionsOklahoma9 actions · 3 operatorsNebraska9 actions · 1 operatorArkansas9 actionsMassachusetts8 actionsSouth Carolina6 actionsUtah6 actionsArizona5 actionsOregon5 actionsNorth Dakota4 actions · 3 operatorsSouth Dakota4 actions · 2 operatorsNevada4 actionsConnecticut3 actionsIdaho3 actionsNew Mexico3 actionsRhode Island3 actionsVermont3 actionsMississippi2 actions · 2 operatorsLouisiana2 actions · 1 operatorWyoming2 actions · 1 operatorDelaware2 actionsAlaska1 actionMontana1 actionNew Hampshire1 action
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.