Cryptocurrency miners create challenges, opportunities for electric co-ops

Cryptocurrency miners create challenges, opportunities for electric co-ops Main Photo

4 Oct 2021


News, cryptocurrency

Cryptocurrency miners using powerful computers are creating new challenges for electric cooperatives as they move into co-op territories and demand huge amounts of electricity.

Miners typically compete to quickly solve math problems using multiple high-speed computers and servers to earn Bitcoin or some of the other thousands of types of cryptocurrency, which can be converted into dollars.

Click here to view the original article from the Cooperative.