A new study has revealed which U.S. states are fostering the most favorable climate for cryptocurrency adoption, with New Hampshire topping the list and shocking many experts. The analysis by ASICKey, a producer of cryptocurrency mining hardware, evaluated all 50 states based on seven factors including tax policy, business usage, job opportunities, ATM density, electricity costs, and mining activity. New Hampshire scored a remarkable 71.22 out of 100, with a strong presence of crypto businesses and ATMs per capita. This surprising placement is attributed to its lack of capital gains taxes, relaxed regulations on cryptocurrency, high business density accepting cryptocurrencies, and competitive electricity rates.