Crypto mining applications are no longer being accepted by the Washington Utility

2018-7-31 10:15

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30.
The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before accepting applications.
In April, another rural Washington public utility, Chelan PUD, ordered staff to enforce a moratorium on crypto mining with the discovery of unauthorized mining activities, becoming concerned with the state and safety of electricity systems.
The Massena municipal utility will consider contracts and set prices on a case-by-case basis for crypto miners who are interested in conducting operations there, which reportedly will protect other utility customers from increased rates.
Some local authorities have been more welcoming of crypto mining operations.

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mining crypto utility washington applications moratorium approved

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