New York Cryptocurrency Miners Will Pay a Premium for Electricity

Mining cryptocurrencies like bitcoin in the state of New York will become more expensive as power providers are now cleared to charge higher electricity rates for crypto mining firms. In a ruling [PDF] on Thursday, the New York State Public Service Commission – the state’s public utility regulator – has allowed upstate municipal power authorities

The post New York Cryptocurrency Miners Will Pay a Premium for Electricity appeared first on CCN

Posted by Samburaj Das on March 16, 2018 @ https://www.ccn.com/new-york-cryptocurrency-miners-will-pay-premium-electricity/

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