Want to mine bitcoins? Head to the Pacific Northwest for cheaper power

bitcoin supporters are heading to the Pacific Northwest for larger bitcoing mining operations, due to cheaper power prices in Washington state.

Published Tue, Apr 29 2014 5:15 PM CDT   |   Updated Mon, Oct 19 2020 8:15 PM CDT

To successfully mine bitcoins, a major amount of computing power is necessary, and the power bills can quickly pile up for cryptocurrency supporters. However, it appears bitcoin companies are interested in the state of Washington, migrating to the central part of the state, including Chelan, Douglas, and Grant counties.

Want to mine bitcoins? Head to the Pacific Northwest for cheaper power | TweakTown.com

Due to hydroelectric dams and public utility districts with friendly prices to residential customers and businesses, many bitcoin supporters are moving to central Washington. Furthermore, Chelan, Douglas and Grant counties also have public utility districts which provide local residents with friendly utility costs.

Cybercriminals are hijacking everything from PCs and servers to smartphones and tablets, in their ongoing effort to mine bitcoins. Google Android malware designed to hijack devices and mine bitcoins also have found their way into the Play Store, though Google has removed the apps in question.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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