Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electrical energy to Crypto Miners

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electrical energy to Crypto Miners

by Jeremy

One proposed contract is between Kentucky Energy and Ebon Worldwide, LLC, and would give discounted electrical energy charges to the Ebon Facility, a 250 MW cryptocurrency mining operation in Louisa, Kentucky. The second investigation is into Bitiki-KY, a 13 MW cryptocurrency mining facility in Waverly, KY. Bitki-KY already has a $250,000 tax credit score from the state of Kentucky, based on the discharge.

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