Cryptocurrency mining is not for Maine

Cryptocurrency mining is not for Maine

The state already subsidizes commercial solar farms at taxpayer expense.

Why Cryptocurrency Mining Isn’t the Fix Maine Needs for Its Energy Grid

Why Isn’t the Fix Maine Needs for Its Energy Grid In recent talks, some experts have suggested that Maine should use to help fix its struggling energy grid. The idea is simple: bring in big mining operations that use lots of power. In return, they pay taxes that could fund grid upgrades. Sounds good on paper, right? But dig deeper, and you see why is not for Maine. What Is Cryptocurrency Mining, Anyway? is how new coins like Bitcoin get made. Mi…