[2016-03-19] How Washington State Became a Battleground for Bitcoin Mining

[ingenuity]

How Washington State Became a Battleground for Bitcoin Mining
Washington state is home to some of the cheapest power sources in the US, a circumstance that, in recent years, has drawn more than a few entrepreneurs hoping to establish profitable bitcoin mines. Given that bitcoin mines thrive on cheap electricity – some have compared the business model to a power arbitrage – it’s natural that some would gravitate to a region that boasts significant hydroelectric power capacity.
http://www.coindesk.com/bitcoin-miners-public-utility-spar-over-electrical-costs/

[Kprawn]

Well, I hope the meetings will come to a decision soon... We need some big mining farms on US soil, to counter mining centralization in China. I am not very optimistic that this

will be resolved soon. The state need to realize that Bitcoin mining could become a new Tax resource for them, and also a opportunity to generate job opportunities from the

secondary business surrounding it.   

[BellaBitBit]

Crazy, I am in the Seattle area and had no idea there were bitcoin farms in Chelan county.  I also had no idea that electricity was cheap ANYWHERE in WA, now I know.  I hope that the city government does not force them out by price, as you said above - would be great to have some bitcoin mines on US soil.