From Bitcoin mining to ATMs, Illinois is positioning itself as a center for the booming cryptocurrency industry

From Bitcoin mining to ATMs, Illinois is positioning itself as a center for the booming cryptocurrency industry
Electrician Jason Dzierzynski checks voltages and amperages on cryptocurrency computer mining rigs in Hennepin on June 14, 2021, at Sangha Systems, the Midwest's largest cryptocurrency mining facility. - Antonio Perez/TNS
Economy

City of the big shoulders, hog butcher for the world, Chicago is looking to add another title for the digital age: cryptocurrency finance center. From one of the Midwest’s largest cryptocurrency mining facilities to a Chicago-based Bitcoin ATM operator, Illinois is becoming fertile ground for the fast-growing digital asset industry, which has developed from an arcane concept into a booming investment in a little over a decade. With little regulation and no backing other than the faith of its fervent believers, cryptocurrency has turned into digital gold for early adopters, despite wild market ...

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