Central Washington Raises Concerns Over Possible Bitcoin Mining Boom

Central Washington Raises Concerns Over Possible Bitcoin Mining Boom

A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices.

Bitcoin Bull-Run Could Revive Interest in Mining, Officials Warn

Per the Seattle Times, bitcoin’s bull-run is putting the public utility districts (PUD) in Central Washington on high alert, monitoring for suspiciously high power bills. PUD officials claim crypto miners from China have come to the region to take advantage of its low hydroelectricity prices.

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Such developments worry the Columbia River Basin authorities because the “2017-2018 mining boom could happen again.” Although electricity prices have been increased to combat mining, authorities believe new bitcoin miners could still establish themselves in the state.

So far the authorities haven’t seen an increase in commercial mining, however, the PUDs still brace for a return of “small-scale mines” that could overload local residential

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