TweakTown

110-year old historical US power plant saved from demolition by crypto

A US power plant that is more than 100 years old is being converted into a mining farm.

@Jak_ConnorTT
Jak Connor
Published Thu, Oct 31 2019 1:08 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

An extremely old US power plant located in the heart of Montana will be converted into a mining farm and a recent approval.

110-year old historical US power plant saved from demolition by crypto | TweakTown.com

Old Rainbow, the 110-year old power plant is a historical landmark and since it was put out of commission the owners have been discussing what to do with it. Now, a grant has been approved by the Federal Energy Regulatory Commission (FERC) to convert the building into a cryptocurrency mining facility that will run 24 hours a day, 365 days a year.

It is unclear what the facility will be specifically mining, but all in all the residents in Montana are happy with the decision due to the building requiring very minimal changes, ultimately keeping its historical value. The proposal sent the FERC says "minimal impact and maintain the historic character of the building."

Buy at Amazon

Cryptocurrency Investing For Dummies

TodayYesterday7 days ago30 days ago
$17.19$17.19$17.19
* Prices last scanned on 8/10/2020 at 4:35 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:thenextweb.com

Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles