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Peter is the creator and editor of The Water Front Online, the region’s only news organization dedicated to environmental issues in the Finger Lakes and Upstate New York. Have a tip? Send it to peter@fingerlakes1.com.
Bitcoin mining interests have called Watkins Glen officials in recent weeks to explore the possibility of setting up a cryptocurrency processing operation within the village to take advantage of its cheap electric rates.
The village enjoys a monthly allocation of about 6 megawatts of hydroelectric power that costs residents only about 4 cents per kilowatt, well under half the rate NYSEG charges.