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Rural Electrics Prepare for Crypto Mining

Rural Electrics Prepare for Crypto Mining

Photo: WNAX


Some rural electric cooperatives could soon be hosts to growing crypto mining server farms.
Brad Schardin, Manager of Southeastern Electric, based in Marion, says they are hearing from potential developers….

Crypto currencies like bitcoin are created through complex math equations on computer networks.
Schardin says they are attempting to map out some areas in their system that could host a server farm….

Schardin says they are reacting to requests for possible services….

C-NET reports that one bitcoin transaction takes over fifteen hundred kilowatt hours of electricity, or enough to power an average home for fifty-three days.

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