GILLETTE, Wyo. — Black Hills Energy announced Tuesday it will serve its first customer for its new electric rate option for blockchain in Wyoming.
Cheyenne Light, Fuel and Power Company/Black Hills Energy’s Blockchain Interruptible Service Tariff recently signed a five-year service agreement with a crypto mining company for up to 45 megawatts of electric service, with a possible expansion up to 75 megawatts, a Black Hills Energy news release said. The company will begin operating in Cheyenne at the North Range Business Park, and, come fourth quarter, the crypto mining facility will be one of the largest bitcoin mining operations in the region, the release said.
“We are pleased to deliver yet another innovative solution to support business and technology growth in Wyoming while benefiting other Cheyenne customers,” Black Hills Energy Vice President of Operations Mark Stege said in the release. “This agreement is the culmination of Wyoming’s enabling legislation, our unique customer...
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