Washington: Increasing Electricity Rate to impact Bitcoin Mining

Washington Increasing Electricity Rate to impact Bitcoin Mining

The Grant County Public Utility District (PUD) has recently announced hike on the cryptocurrency mining farms electricity consumption rate. The Commissioner of PUD, Tom Flint emphasized that the cryptocurrency mining industry are unregulated and risky then explained, “This is the best way to ensure our ratepayers are not impacted by this unregulated, high-risk business.”

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