RATE Group | Franklin PUD stops accepting applications for cryptocurrency mining
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Franklin PUD stops accepting applications for cryptocurrency mining

29 Jul Franklin PUD stops accepting applications for cryptocurrency mining

Posted at 23:25h in Cryptocurrency News by

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The Franklin PUD has stopped accepting applications for electricity use for cryptocurrency mining and related blockchain operations.

The moratorium, approved by the Public Utility District commissioners, will allow time for staff to review the effects of such high density loads that place large demands on the electric system.

PUD staff also will research a proposed rate structure.

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