It will be interesting to see where this leads. I personally think there are already some states that are posed to be a "blockchain hub" or "crypto hub" and that's Washington State. Wenatchee, WA has multiple hydroelectric dams in the area on the Columbia river, this allows them to get power as low as $0.02 - $0.03 kw/h which is some of, if not the lowest price in the US. Two or three of the largest bitcoin mining operations in the world are in that city. I understand that it's just one city, but with 34 or more dams in the state that are used for hydroelectricity, it really could be a boom for the state. And if the state choose to embrace it, they could essentially become a "hub" as well. Maybe they don't want to be the first though. Who knows. Again it will be interesting to see where things with AZ go.