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PUD ups costs for Bitcoin miners

 

Last updated 9/5/2018 at 11:40am



An electric utility has created a new rate class that could dramatically affect the local development of an “evolving industry” with an Electric City participant.

Grant County Public Utility District commissioners voted last week to increase electricity rates for high-power cryptocurrency miners to protect “Grant PUD and its customers from risk,” a PUD press release stated Aug. 28. “S...



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