Online reports that although the Bitcoin mining industry is still in its emerging stage, the industry has created more than 31,000 jobs directly through mining in the United States and indirectly through supporting the industry. According to a study conducted by the Perryman Group and released by blockchain advocacy groups the Texas Blockchain Council and The Digital Chamber, 12 U.S. states account for the majority of bitcoin mining activity in the country. Among the 12 states, Texas is the state that creates the most jobs in the mining industry, with Bitcoin mining and industries that support mining directly creating more than 12,200 jobs. The report also found that mining activities generate more than $4.1 billion in GDP each year and support local energy utility infrastructure by serving as a load-balancing resource for the power grid.