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Following the closure of the Alcoa aluminum plant, which was the city's largest employer, Rockdale, <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/">Texas</a> faced economic decline and rising unemployment. However, the introduction of bitcoin mining helped the city not only recover but also reach new levels of development. 
Cryptocurrency <a href="https://ultramining.com/news/en/blockstream-aims-for-bitcoin-profit-with-mining-rig-investment-ahead-of-2024-halving/">mining companies</a>, leveraging the existing infrastructure and access to affordable energy resources, began investing heavily in the region. This led to the creation of hundreds of new jobs and a significant increase in tax revenues for the city's budget. 
Local residents note that bitcoin mining has become a lifeline for the city's economy. Additionally, companies actively participate in community life, donating funds to scholarships, <a href="https://ultramining.com/news/en/borneo-police-crack-down-on-illegal-crypto-mining-operation/">police</a>, fire departments, and youth sporting events.

Rockdale, Texas: City Revives Economy Through Bitcoin Mining After Alcoa Plant Closure

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