RAPID CITY, S.D., June 21, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, completed its first agreement for service under its Blockchain Interruptible Service Tariff.
Under the five-year agreement, Black Hills Energy will deliver up to 45 megawatts of electric service with an option to expand service up to 75 megawatts to a new customer in Cheyenne, Wyoming. The crypto mining facility will represent one of the largest bitcoin mining operations in the region, which is expected to be operational and purchasing energy in the fourth quarter of 2022.
Energy will be sourced through the electric energy market and delivered through Black Hills’ electric infrastructure. The customer will be responsible for costs related to service under the agreement, which will also benefit other Cheyenne customers. In addition, the load will be interruptible to prioritize...
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