Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County

Holding Letter in Mine Shaft

There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. The county is currently awaiting comments to be submitted, before enacting the hike. Chelan…Read More. The post by Rahul Nambiampurath appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager