Utility looks elsewhere for Energy Authority services
The Jacksonville company serves as the regional branch of a national management corporation that gears itself toward the power utilities industry. If contracted, its function will be to market surplus power to outside companies for Henderson Municipal Power and Light of Henderson, Kentucky.
The decision about whether to sell the power is tied up in a long-running dispute between HMP&L and Big Rivers Electric Corp., about who can use generating capacity at the city power plant that HMP&L has reserved but doesn't always need.
Gary Quick, general manager of Henderson Municipal Power and Light, told the Henderson Gleaner that discussions about the idea are continuing and no decisions have been made.
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Bitcoin mining uses so much electricity that 1 city could curtail facility's power during heat waves
MEDICINE HAT - On the day of the grand opening of the largest bitcoin mining project in the country, the weather was partly cloudy and 15 C. On a Friday afternoon like this one, the new facility uses as much electricity as all of Medicine Hat, Alta., a city of more than 60,000 people and home to several large industrial plants.
The vast amount of electricity needed for bitcoin mining is why the city of Medicine Hat has championed the economic benefits of the project, while environmentalists say they are wary of the significant energy use.
Toronto-based Hut 8 has spent more…
