New Hampshire Ranked Most Crypto-Friendly U.S. State by ASICKey Study
New Hampshire ranks as the top crypto-friendly U.S. state despite high electricity costs and minimal bitcoin mining, scoring 71.22 out of 100 due to:
- Zero capital gains tax
- Lack of restrictive regulations
- High density of crypto businesses (4.4 per 100,000 people)
- High number of ATMs (9.3 per 100,000 people)
The study by ASICKey evaluated all states on seven factors, focusing on tax policy and business usage. Wyoming follows with a score of 61.89, benefiting from:
- Highest blockchain job concentration (118.4 per 100,000)
- Low energy costs
- Minimal regulation
Nevada, Texas, and Alaska complete the top five, each with unique strengths:
- Nevada: Strong crypto-accepting business sector
- Texas: Significant mining presence
- Alaska: Robust blockchain job market
The findings indicate that favorable tax structures and clear regulations attract infrastructure and job creation in the crypto sector.