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Bitcoin miners power up Kentucky as Paducah’s utility reaps financial gains

In Paducah, Kentucky, Bitcoin mining operations are substantial electricity consumers for the local utility, Paducah Power, which identifies two mining firms as top ten industrial electricity users.

Bitcoin miners provide financial stability to Paducah Power without the need for extensive infrastructure. Their operations represent 4.2% of the utility’s total electricity sales, contributing to lower costs for local customers.

Paducah Power anticipates continued expansion in Bitcoin mining activities through 2025, as revenue from these operations supports local utility expenses.

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