Published

Crypto ‘miners’ gain an ally in the White House but may be losing friends in Kentucky - The Lexington Times

Summary by kentuckylantern.com
Republished from Kentucky Lantern Republican Sen. Brandon Smith of Hazard was an early booster of cryptocurrency mining to create jobs and use excess electricity as Kentucky’s more traditional coal mining industry declined.  Smith successfully led an effort in 2021 to pass tax breaks to incentivize cryptocurrency miners to locate in the state. The next year his company, Mohawk Energy, began turning an industrial park warehouse in Letcher County i
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