Washington Town is now a Bitcoin Mining Epicenter

in bitcoin •  7 years ago 

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Bitcoin mining is known to be energy-consuming. But miners here appear not to have this problem. Power is extremely cheap for the town— only 2 to 3 cents per kilowatt hour.

An early miner in the town, Malachi Salcido, owns three data centers in the area capable of generating 5 to 7 BTC per day. Salcido uses 7.5 megawatts of power and wants to produce 50 BTC per day by July, which would require a whopping 42 megawatts of power. The town of Wenatchee is key in his plans.

Source : https://news.bitcoin.com/small-washington-town-rising-bitcoin-mining-epicenter/

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that is a crazy fact, cool post

very interesing. Do you know what their electricity source is? Fossil, electric, hydro etc.?

Nope..u know?

Not sure to be honest!