Wyoming-based utility Black Hills Energy has negotiated for the first time to supply electricity to an unnamed mining company under its Intermittent Blockchain Service Tariff.
As part of the deal, Black Hills Energy will supply a Cheyenne customer with up to 45 MW of electricity over five years, with the option to increase capacity to 75 MW. The acquisition is expected to begin by the end of the year after the plant becomes operational.
The provider says bringing more blockchain companies to the state will increase tax revenues and create jobs.
Black Hills Energy is a subsidiary of Cheyenne Light, Fuel and Power Company, part of Black Hills Corporation. The firm serves 1.2 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.
The utility company approved the Blockchain Interruptible Service Tariff in June 2019. It allows you to meet the needs of mining companies for a limited time without increasing prices for retail customers.
Recall that high temperatures in Texas in June led to record electricity consumption and affected the work of local bitcoin miners.
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Source: Fork Log
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