Kentucky’s utility regulator has approved more than $4 million in electricity cost discounts over several years for a Bitcoin mining operation being run by Kentucky’s largest coal producer.
Kentucky’s utility regulator has approved more than $4 million in electricity cost discounts over several years for a Bitcoin mining operation being run by Kentucky’s largest coal producer.
State utility regulators have approved a 10-year power contract for a $25 million cryptomining facility on a former coal mine in Union County. It’s the first of three large, discounted energy contracts for crypto facilities under review by state utility regulators.
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