“The PUD and the bitcoin advocates all say they want what’s best for Chelan County. The problem is, what the PUD believes is best for protecting existing residents — the rate increase for high-density power users — just might drive away the bitcoin miners. And if Salcido is right, it could also drive away the region’s shot at technology-driven economic growth.”
Chetanya Robinson covers this complicated topic in a well-written article covering many aspects of the current debate, between the Chelan County PUD and current bitcoin and blockchain businesses, about the proposed 67% increase to existing power rates.
