Bitcoin Miners in Washington State Face Higher Power Tarrifs

Bitcoin Miners in Washington State Face Higher Power Tarrifs

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Bitcoin miners in Chelan County, Washington, will have to compensate some-more for electricity due to a capitulation of a new electric rate for business with ardour intends loads.

Public Utility District (PUD) commissioners in Chelan County, Washington have authorized a new electricity tariff for business with an ardour for high energy.

The new “high-density bucket (HDL)” rate relates for business whose operations scale or surpass 250-kilowatt hours of energy per block foot, per year, while not surpassing 5 megawatts of energy during any given time.

Furthermore, HDL business are compulsory to compensate all a collateral costs that a PUD incurs for high-capacity infrastructure that delivers energy to a customer’s location, upfront.

The county’s PUD done a announcement this week, privately saying that a rate relates to energy-intensive operations such as “power farms and identical record operations including bitcoin mining.”

The rates were authorized following an 18-month open contention between PUD commissioners and a public, including bitcoin mining business owners.

Bitcoin Miners Absent During Voting

PUD started to notice a pointy swell in inquiries for energy expenditure after cryptocurrency miners targeted a segment due



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