Chelan PUD moves toward new cryptocurrency rate | Columbia Basin

WENATCHEE — Chelan County cryptocurrency miners came back for another round of public comment Monday before the PUD, hoping not to lose the cheap electricity rates that brought them here.

PUD commissioners took no action, instead scheduling a further hearing Sept. 17, and keeping in place a moratorium on servicing new crypto operations that’s been on the books since March. Meanwhile, people already crypto mining in the county lined up to be heard.

“If we were to adopt the proposed rates here in the county — I think it’s 7 to 10 cents for my miners and my household — then I would be forced out of business,” said Becky Peters, who mines cryptocurrency in her Wenatchee home. “I’m coming out to these meetings each week wondering if I’m going to be able to keep the lights on for another day, because these rates would put me right out of business.”

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