New Hampshire Tops List of Most Crypto-Friendly U.S. States: Study

A brand new rating of crypto-friendly U.S. states places New Hampshire on the prime regardless of its steep electrical energy costs and lack of bitcoin mining exercise. The state scores excessive resulting from its zero capital positive aspects tax, lack of restrictive crypto regulation and a dense community of crypto-accepting companies and ATMs.

The examine, performed by digital mining {hardware} maker ASICKey, evaluated all 50 states utilizing seven weighted components: capital positive aspects tax, regulatory atmosphere, crypto adoption in enterprise, job availability, ATM density, electrical energy value, and mining presence. Tax coverage and enterprise utilization got essentially the most weight.

New Hampshire earned the very best rating — 71.22 out of 100 — with 4.4 crypto companies and 9.3 ATMs per 100,000 folks. Wyoming adopted with a rating of 61.89, due to the very best blockchain job focus nationwide (118.4 per 100,000), low power prices, and minimal regulation.

Nevada, Texas, and Alaska spherical out the highest 5. Each state has its personal strengths — Nevada’s crypto-accepting enterprise sector, Texas’s vital mining footprint, and Alaska’s robust blockchain job market — whereas additionally benefiting from 0% capital positive aspects taxes.

The examine underlines how tax construction and state coverage form the crypto panorama. States with favorable tax codes and clear regulatory paths seem to draw extra infrastructure and job creation, whereas excessive taxes or unclear guidelines might sluggish adoption.