Kentucky Approves $4 Million in Electricity Discounts for Bitcoin Mining Company Bitiki-KY

The Public Service Commission of Kentucky has approved over $4 million worth of electricity discounts for local mining company Bitiki-KY, making the state a more attractive destination for bitcoin miners seeking affordable energy options. Bitiki agreed to invest $25 million in its facilities and create five new jobs in exchange for the discounts, which will be allocated for the first five years of the contract.

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