[2016-07-20] Chelan County Increases Electricity Rates For Bitcoin Mining Compan

[jdebunt]

If the number of server farms in the region continues to increase at the current pace, the situation will become “unsustainable”. This is not good news for the many companies who are launching massive mining farms in Chelan County. A new rate structure has been voted upon, which will make life a lot less profitable for large mining operations.

http://themerkle.com/chelan-county-increases-electricity-rates-for-bitcoin-mining-companies/

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[1715290407]

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[Kaneki]

This could force emerging players to look elsewhere for cheaper electricity rates.This is not good news for the many companies who are launching massive mining farms in Chelan County.