Topic: [2018/97/14]New York Approves New Electricity Rates for Crypto Miners (Read 127 times)
Miners make money on this. I also think that they have to pay taxes, since the load on the network is considerably growing.
July 15, 2018, 08:13:18 AM
New York Approves New Electricity Rates for Crypto Miners
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff,” including “protect[ion] […] from increased supply costs.”
Read more here: https://news.bitcoin.com/new-york-approves-electricity-rates-crypto-miners/
By: Samuel Haig
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff
Read more here: https://news.bitcoin.com/new-york-approves-electricity-rates-crypto-miners/
By: Samuel Haig
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