New York Firm Gives Aging Hydroelectric Dam New Life as Bitcoin Mining Farm


DPW Holdings Inc. will use power generated by the Valatie Falls, New York hydroelectric dam for a bitcoin mining farm that is expected to become operational in the fourth quarter. Valatie Falls Hydro LLC bought the 1-megawatt dam in March 2018 using debt financing from Digital Power Lending, a DPW subsidiary. DPW’s Super Crypto Mining

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Posted by Lester Coleman on August 28, 2018 @ https://www.ccn.com/new-york-firm-gives-old-hydroelectric-dam-new-life-as-bitcoin-mining-farm/

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