The electricity price in Texas is not attractive for mining enterprises. I doubt it’s really true.
Bitmain is taking advantage of a closed down Alcoa plant that had a lot of available electricity. I'm sure there coming in and getting a sweet deal since manufacturing and the local coal mining facility have closed. They are speculating about 500 jobs would be brought to the local community, although the report doubts that could actually happen since these mining facilities don't require that much man power.