State regulators in New York allowed a municipal utility provider to implement a new set of electricity rates for cryptocurrency miners.
A new rate structure for one upstate utility has been already approved by the regulators which means that now crypto miners who are interested in conducting operations there will pay for the consumed electricity at new rates, different from those that are introduced for other customers.
Massena’s municipal utility will consider contracts on a case-by-case basis with a view to protect other utility customers from overpaying for electricity. So, already in

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