Hi steemians good news for crypto lovers
Due to the boom of cryptocurrencies so many companies are establishing in the different parts of the world. As a result, the companies want more and more electricity, and also need new slabs for mining setups.
New York is the faster-growing city to benefits from the crypto mining sector. New York, public service commission (PSC) wants to approve new electricity rates for Massena Electric Department. So many cryptocurrency companies are going happy by hearing this decision
"Individual Service Agreement” now opens for Crypto Miners in New York.
PSC has a service called “Individual Service Agreement”. As PSC states that the crypto Miners are eligible under an individual service agreement if they want more than 300KW.
PSC’s chairperson John B.Rhodes states that. “we will give a fair price for crypto miners and also we will mention the same service to the existing customers”. And also stated that” we will give low-price for attracting the crypto miners and it will give economic development in the city”.
Municipal power authorities are facing high demand from the crypto miners. These demands mainly come from the potential customers such as crypto miners. So it is time now to revise electricity rates for crypto miners.
So Massena Electric Department is going to revise the tariff from July 17th, 2018 in New York.
What is your opinion on this blog? Whether this decision will give benefits to crypto miners? Please comment on this blog.
with warm regards
