Monday, April 16, 2018

Bitcoin Mining Operations Moratorium (KELA Radio, Centralia, WA)


(SHELTON, WA) – We’ve been hearing more about cryptocurrencies these days.  The best known cryptocurrency is bitcoin. Mason County PUD 3 spokesman Joel Myer says the utility’s commissioners last week unanimously approved a moratorium on accepting applications for service to “cryptocurrency” mining operations after receiving request from a company for 10 megawatts of electricity for their bitcoin business. Myer says the commissioners expect the moratorium will be in place only about 3 or 4 months to give the utility time to do its due diligence on the issue. He says there are currently two cryptocurrency mining operations in the county, but on a much more modest scale.