{"id":446954,"date":"2024-10-07T20:00:54","date_gmt":"2024-10-07T19:00:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=446954"},"modified":"2024-10-07T19:55:14","modified_gmt":"2024-10-07T18:55:14","slug":"texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround\/","title":{"rendered":"Texas town Rockdale’s Mayor credits Bitcoin for economic turnaround"},"content":{"rendered":"

Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin's<\/a> crucial role in revitalizing the town's economy.<\/p>\n

In an Oct. 7 op-ed<\/a>, Roddam explained that the world is nearing a new economic era driven by what he calls the “digital energy boom,” largely fueled by Bitcoin. He noted that rural communities, including Rockdale, are already reaping the benefits.<\/p>\n

Rockdale once thrived as a manufacturing center, hosting the Alcoa aluminum plant from 1952 until its closure in 2008. The shutdown led to a significant decline in tax revenue and job opportunities, creating funding challenges for public services.<\/p>\n

How Bitcoin helped Rockdale<\/h2>\n

In recent years, Bitcoin miners like Riot Platforms<\/a> and Bitdeer<\/a> have repurposed the old Alcoa facility for their operations. This site features extensive energy infrastructure, including substations and transmission lines, which Bitcoin miners depend on heavily.<\/p>\n

Initially, Roddam had reservations about the miners. However, after years of collaboration with industry leaders, he began to see their positive impact. He stated:<\/p>\n

“As both mayor and a lifelong resident of Rockdale, I learned that Bitcoin miners are deeply invested in the communities where they work. In Rockdale, these companies now employ hundreds of people. They\u2019ve created mid-skill jobs, allowing locals to find well-paying employment without leaving town.”<\/p><\/blockquote>\n

Roddam emphasized that Bitcoin miners<\/a> have contributed significantly to the local economy by creating new jobs. Their investments exceed $1 billion, and they actively support community initiatives through donations and sponsorships.<\/p>\n

He expressed concern that recent statements from Texas lawmakers might misrepresent Bitcoin's benefits. According to Roddam, the miners generate more local employment than critics suggest.<\/p>\n

Looking ahead, he suggested that Riot Platforms' planned expansion into Corsicana could replicate Rockdale's success and further strengthen the region's economy.<\/p>\n

Roddam noted that the new facility in Corsicana would become one of Navarro County\u2019s largest employers, potentially bringing $1.4 billion in taxable purchases and over $115 million in wages over the next decade.<\/p>\n

He concluded:<\/p>\n

“Bitcoin is like a digital oil well, poised to fuel the economic revival of rural Texas \u2014 if we allow it to grow.”<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin’s crucial role in revitalizing the town’s economy. In an Oct. 7 op-ed, Roddam explained that the world is nearing a new economic era driven by what he calls the “digital energy boom,” largely fueled by Bitcoin. He noted that rural communities, including Rockdale, are already […]<\/p>\n","protected":false},"author":720,"featured_media":446966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,77968,2376],"tags":[77791],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nTexas town Rockdale's Mayor credits Bitcoin for economic turnaround<\/title>\n<meta name=\"description\" content=\"Rural Texas town revitalized by Bitcoin's 'digital energy boom.'\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas town Rockdale's Mayor credits Bitcoin for economic turnaround\" \/>\n<meta property=\"og:description\" content=\"Rural Texas town revitalized by Bitcoin's 'digital energy boom.'\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-07T19:00:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-07T18:55:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/10\/bitcoin-mining.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/texas-town-rockdales-mayor-credits-bitcoin-for-economic-turnaround\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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