City’s Bitcoin program expected to draw innovation and commerce – Welcome to the City of Fort Worth

City’s Bitcoin program expected to draw innovation and commerce – Welcome to the City of Fort Worth

Published on November 02, 2022


The City of Fort Worth’s recent foray into the cryptocurrency industry could pay in spades in attracting technology firms here.

Fort Worth was the first U.S. city government to mine Bitcoin. A six-month pilot program launched Aug. 26, 2022, netted $1,019.31, after electricity costs.

Carlo Capua, the City’s chief of strategy and innovation, told the City Council Tuesday that mining Bitcoin was never about the profit, but more about Fort Worth…


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