This weekly column features news stories and event announcements from around the American Redoubt region. (Idaho, Montana, eastern Oregon, eastern Washington, and Wyoming.) Much of the region is also more commonly known as The Inland Northwest. We also mention companies located in the American Redoubt region that are of interest to preppers and survivalists. Today, we focus on crypto miners and other cryptocurrency and blockchain-based ventures in the American Redoubt.
Idaho
Idaho Republicans oppose central bank digital currency, advocate for Bitcoin. Here is an excerpt:
“The Republican Party of Idaho has vehemently opposed the creation of a Central Bank Digital Currency (CBDC) in the United States, advocating instead for using decentralized digital currencies like Bitcoin.
This stance was outlined in a recent report from the party’s 2024 convention platform committee session. The report stated:
“We oppose the creation of a Central Bank Digital Currency, the regulation and/or excessive taxation of decentralized digital currencies such as Bitcoin, and we affirm the right of individuals to engage in commerce and exchange with cash, barter, precious metals, and decentralized digital currencies.””
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The Idaho-based blockchain software developer Red Duck is continuing to grow,
Montana
Montana Blockchain Innovator: Alex Shefrin.
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State Auditor Talks Montana Crypto Pioneering.
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This was published back in 2021: Bitcoin fracking turns waste gas to digital gold in Bakken oil field.
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And this was posted in 2023: Montana governor signs pro-cryptocurrency mining bill into law.
Central & Eastern Oregon
Sabey Data Centers Plans 100 MW Multi-Tenant Campus In Gathering Eastern Oregon.
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Some slanted news and commentary from the perspective of a leftist/statist group: Oregon’s Rural Power Utility Has Become a Big Polluter.
Central & Eastern Washington
Published in mid-2023: When power is cheap, crypto moves in. The fallout in rural WA is complex.
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This news popped up two years ago: Crypto firm FTX’s ownership of a U.S. bank in a small Eastern Washington town raises questions.
Wyoming
Wyoming is pushing crypto payments and trying to beat the Fed to a digital dollar. The article begins:
“As crypto investing becomes more mainstream and institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: consumer payments.
The state is creating its own U.S. dollar-backed stablecoin, called the Wyoming stable token, which it plans to launch in the first quarter of 2025 to give individuals and businesses a faster and cheaper way to transact while creating a new revenue stream for the state. The group behind it is hoping it can serve as the model for a digitized dollar at the federal level.”
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Wyoming continues its nation-leading crusade into crypto.
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Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming.
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The Wyoming Blockchain Stampede is scheduled for September 16-21, 2024.
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CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million.
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Biden Blocks Chinese-Backed Crypto Mining Firm from Land Ownership near Wyoming Missile Base.
Send Your News Tips
Please send your American Redoubt region news tips, event announcements, and American Redoubt-based companies worthy of a mention to JWR. You can do so either via e-mail or via our Contact form.