Posts Tagged ‘data mining’

Chelan PUD Extends Halt On Applications For Cryptocurrency Miners

The Chelan County PUD’s pause on new cryptocurrency businesses looking to locate in the county will remain in place at least through August. PUD staff reviewed steps taken since the board imposed the application moratorium for cryptocurrency mining and similar data operations in March and presented them to the board of commissioners Monday. More than…

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What’s The Future Of Bitcoin In North Central Washington?

Bitcoins went on a meteoric rise in 2017, partly thanks to server operators using cheap electricity from public utility districts for their cryptocurrency data mining. The Chelan County PUD has reported a recent surge in inquires about new large load power services from bitcoin and blockchain operations. John Stoll, Managing Director of Customer Utilities, said…

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