Washington State
Bitcoin States
Washington State is a Pacific Northwest tech hub home to Microsoft, Amazon, and a thriving Bitcoin startup ecosystem. In 2023, HB 1497 passed to protect Bitcoin miners' rights by prohibiting discriminatory utility rates targeting crypto mining. The state has a favorable no-income-tax policy and abundant hydroelectric power that has attracted significant Bitcoin mining operations in eastern Washington. Seattle hosts several notable Bitcoin companies and one of the most active Bitcoin meetup communities in the US.
Details
- State
- Washington State
- Status
- friendly
- Capital
- Olympia
- Country
- USA
- Notable
- No state income tax; abundant hydroelectric power for mining; Microsoft, Amazon Bitcoin ecosystem
- Income Tax
- No
- Legislation
- HB 1497 Bitcoin mining protection (2023)
- Abbreviation
- WA
- Hydro Mining
- Yes
- Right To Mine
- Yes
- Population Millions
- 7.7
- Bitcoin Mining Rights
- Yes
- Bitcoin Friendly Score
- medium
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