Kentucky regulator denies plan for subsidizing crypto mining facility

by Aurelia Butler 1 September 2023, 20:40 189 Views

In an Aug. 28 order, the commission denied a contract between Ebon International and the Kentucky Power Company that involved a $50 million investment in a crypto mining facility in the city of Louisa. According to the filing, Ebon planned to run a 100-megawatt (MW) mining operation until 2024, then increase the load to 250 MW.

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Kentucky regulator denies plan for subsidizing crypto mining facility

Bank deposits, lending rise in latest week, Fed data show

Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

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