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Why China’s crypto cowboys are fleeing to Texas - Rest of World

restofworld.org · 2,712 words · saved by 1 readers

Tracking the Bitcoin bros seeking cheap power, lax regulation and Austin’s best brisket.

Photography by Christopher Lee for Rest of World By Meaghan Tobin 11 August 2021 • Austin, Texas, United States On a sweltering July day, an unlikely group arrived at a shooting range in central Texas. There was Kevin Pan, CEO of the Chinese cryptocurrency mining company Poolin, and his two vice presidents, Qian Xiong and Alejandro De La Torre. It was just one stop on a sprawling, statewide tour that spanned industrial power plants, trying on sleek cowboy hats with oil prospectors, and learning how to handle AR-15 rifles. The atmosphere was easy with their “American cowboy friends,” De La

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