Bitcoin miners in Washington’s Chelan County face a 30% increase in electricity fees
This week, the County PUD Commissioners gave their approval to the change, which would result in an increase of around 29% in the cost of the electricity required for Bitcoin mining, as per a report on June 8 by NewsRadio 560 KPQ.
The mining firms are being moved from the rate schedule for high-density loads to the newly developed cryptocurrency rate schedule, commonly known as Rate 36. This move, which Commissioner Garry Arseneault refers to as “ground breaking,” will result in an increase in their electricity rates. Overall, Bitcoin mining businesses utilize much larger quantities of electricity, and are thus being transferred to a higher rate than all other customers.
Source
t.me/Mining_Crypto_Miner
